Articles tagged: business tax
Businesses like tax change but will it create jobs in Michigan as the burden shifts to individuals
Posted: Jul 24, 2011It took Gov. Rick Snyder and the Republican-controlled Legislature less than five months to end the Michigan Business Tax, criticized by some as a jobs killer almost since the day it was enacted in 2007. Nearly 100,000 businesses will no longer pay any state business taxes, a $1.6 billion cut the first full year even with the new corporate levy. But a fundamental question remains. Will this create jobs? Read more »
Q&A with former State Treasurer Robert Kleine: Tax shift to individuals will hurt economy
Posted: Jul 24, 2011Robert Kleine, who served as state treasurer under Gov. Jennifer Granholm, thinks the positive impact of the business tax cuts will be offset by the accompanying $1.4 billion increase in individual taxes. Read more »
Q&A with Lt. Gov. Brian Calley: New tax structure will make Michigan more competitive
Posted: Jul 24, 2011Lt. Gov. Brian Calley says Michigan's new business tax structure will be among the simplest in the nation, placing fairness ahead of social planning, and making Michigan more competitive. Read more »
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