Gov. Rick Snyder campaigned for the state’s top elected office in 2010 with a promise to “reinvent” Michigan. The Center for Michigan’s 2012 Michigan Scorecard, compiled in partnership with Data Driven Detroit, shows there’s still plenty of reinventing to do. Although Michigan’s economy has performed a U-turn from a decade of job losses, most other […]
Michigan Business Tax
Posted inBusiness Watch
Calley: PPT plan puts Michigan ahead of Ohio
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 […]
Posted inBusiness Watch
Despite $300 million reduction, businesses seek relief
Michigan businesses, which have already won a $1.6 billion business tax cut, are pushing hard to repeal the state’s personal property tax on machinery, computers and other equipment. But they don’t talk much about, or even recognize, the $324 million tax cut they’ve received since 2007, the result of falling property values and lower tax […]
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