| Author
|
Post |
 
|
|
Steve Myers
Site Admin
|
Lansing, MI- Michigan House Speaker Craig DeRoche, R-Novi, today announced the House of Representatives will vote on a plan to eliminate Michigan's Single Business Tax. Joining the speaker at the announcement was Oakland County Executive L. Brooks Patterson, who has begun a statewide campaign to repeal the SBT by collecting signatures from Michigan citizens to place the issue before voters on the fall ballot.
DeRoche likened the effort to steps taken in the mid-90s to drastically reduce property taxes under Proposal A.
"Before Proposal A, people were being taxed out of their homes," DeRoche said. "Today people are being taxed out of their jobs. Michigan's economy will continue to lag behind the rest of the nation unless we take action and eliminate the worst business tax in the country."
By passing legislation in the House to eliminate the SBT, DeRoche is hopeful Michigan's political leaders can unite to eliminate a tax that has driven jobs and new investment from Michigan. Governor Granholm has stated her opposition in recent weeks to eliminating the tax.
"We have two options," DeRoche said. "Once this legislation passes both the House and Senate, the governor will have the chance to join us in eliminating this tax once and for all. If she chooses to exercise her veto; Brooks Patterson will provide us with a second opportunity by collecting the signatures needed to eliminate the SBT without the governor's signature."
By reducing the tax burden on entrepreneurs and job providers, DeRoche and Patterson said Michigan will attract new investment and create thousands of jobs for workers who have felt the pinch of the state's economic malaise.
"Unless we commit ourselves to creating one of the best business tax climates in America, we will continue to lose jobs to neighboring states," Patterson said. "We have been falling behind the rest of the nation for far too long -- the time to act is now."
Patterson indicated he would continue to spearhead the petition drive to eliminate the SBT in the event the governor vetoes the legislation.
"We will continue to collect signatures and educate Michigan citizens on the importance of eliminating this job-killing tax," Patterson said. "One way or another, the SBT has got to go."
Patterson and DeRoche said the effort to repeal the SBT will get Michigan working again and make it more competitive in the new global economy of the 21st Century.
"Too many of our best and brightest are leaving Michigan for jobs and opportunities in other states," DeRoche said. "By eliminating the SBT, and creating one of the best business climates in America, we will attract the entrepreneurs and investment we need to create thousands of new jobs for Michigan workers."
After hearing supporting testimony from Oakland County Executive Brooks Patterson, the bill to eliminate the SBT was approved by the House Tax Policy Committee on Thursday morning. It now heads to the full House for consideration. |
|
|
Sat Mar 11, 2006 10:54 am |
|
|
katy
F L I N T O I D
|
Michigan schools are funded thru proposal A
To do away with it, your property taxes would suffer along with the taxes for the school which are not sufficient as it is with the loss of businesses.
So we choose, fund the schools or ask the businesses to take a little hit..
Somebody will pay for public schools, what would be your choices? |
|
|
|
Tue Apr 11, 2006 1:12 pm |
|
|
Adam
Guest
|
| This is a very tough call. For sure if this passes there will be cuts made in social welfare programs possibly even schools. It should be a very tough decision between schools and jobs. I think this proposal would hurrt cities like Flint, Detroit and Saginaw but be better for the majority of cities in Michigan. It's poorer cities that rely more heavily on social welfare payments to survive. I guess if we keep the tax in place we can at least educate our kids for when they move out of state. |
|
|
|
Tue Apr 11, 2006 2:20 pm |
|
|
|
FAQ
Search
Memberlist
Register
Profile
FlintTalk.com Forum Index
> Political Talk
