Business Tax
Mich. Legislature OKs Business Property Tax Repeal
Legislation aiming to eliminate several hundred million dollars in taxes businesses annually pay on equipment is on its way to the governor.
Leaders Revise Business Property Tax-Cut Measure
Leaders from the governor’s office and the Legislature on Tuesday introduced a new plan to eliminate the taxes businesses pay on computers and equipment used in the manufacturing process, but it would require voter approval.
State Senate Passes Personal Property Tax Cuts
The Michigan Senate has passed a contentious set of bills that would roll back the personal property taxes businesses pay by hundreds of millions of dollars.
Local Officials Skeptical Of Michigan Biz Tax Cuts
Republican lawmakers have long wanted to get rid of a tax on equipment they say is keeping manufacturers from hiring more workers. But there’s a hitch, since many local officials don’t trust lawmakers to make up the lost funds.
Business Taxes Again On Mich. Lawmakers’ Agenda
Fresh off lowering Michigan’s overall business taxes in a bid to boost economic growth, Republicans will aim to eliminate or phase out a state tax paid on business equipment in 2012.
Calley Signs Latest Michigan Business Tax Bills
Lt. Gov. Brian Calley has signed the final package of new Michigan laws for 2011.
Snyder: Simpler Biz Tax Already Creating Jobs
Gov. Rick Snyder Monday defended his decision to do away with most state tax breaks and said his simplified business tax code is already paying dividends in new jobs. Snyder’s remarks came at Michigan Emerging, […]
Cities, Schools Nervous About Michigan Tax Debate
Michigan Republicans want to phase out or eliminate a tax paid by businesses on equipment, making local governments and schools that rely on the revenue nervous.
Mich. Supreme Hears Pension Tax Arguments
The State Supreme Court is hearing arguments on an $800 million question: The constitutionality of Governor Rick Snyder’s pension tax..
Gov. Snyder Signs Sweeping Tax Legislation
Michigan Gov. Rick Snyder has signed the most sweeping tax change in the state since 1994 when Proposal A fundamentally altered the way schools are funded.
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