Lt. Governor Brian Calley testified last week on behalf of the Snyder administration’s proposal to phase-out the personal property tax (read business equipment tax) by 2022. The proposal is strongly backed by business groups and just as strongly opposed by groups representing local governments and schools, which fear the loss of almost half a billion […]
Brian Calley
Will personal property tax tug-of-war drag cities into the mud?
Legislation that would phase out Michigan’s personal property tax — essentially a business equipment levy — on industrial and commercial property is working its way through the Michigan Senate. The repeal is strongly backed by business groups such as the Michigan Chamber of Commerce and manufacturers. It is just as strongly opposed by alliances of […]
Snyder pushes end to personal tax on business
Steve Carlson considered buying a couple of new machines for his plastic molding business near Lansing, but he and the company’s other owners decided to hold off for now. One reason, he said, is Michigan’s personal property tax on the new equipment would drive up the cost of doing business, adding another 30 percent to […]