The Michigan Chamber of Commerce has filed an amicus brief with the Michigan Supreme Court supporting the bold tax reform plan passed by the Michigan Legislature and signed in May by Gov. Rick Snyder.
The Michigan Chamber has prepared a brief on the New Business Tax Plan that was signed into law on May 25, 2011.
Thursday, May 26, 2011 - The Michigan Chamber of Commerce today expressed great appreciation to Governor Rick Snyder, Lieutenant Governor Brian Calley, Senate Majority Leader Randy Richardville and House Speaker Jase Bolger for their leadership to end the job-killing Michigan Business Tax and finalize its replacement with a competitive, pro-growth Corporate Income Tax.
Thursday, May 12 -- The Michigan Chamber of Commerce today expressed great appreciation that the Michigan Senate and State House has voted for strong job creation legislation by passing tax reform negotiated between Governor Rick Snyder, Senate Majority Leader Randy Richardville and House Speaker Jase Bolger. As passed, this legislation is an important step in the quest to revitalize Michigan’s economy and make the state more economically competitive.
LANSING, Mich. – The Michigan Chamber today expressed great appreciation that the House of Representatives passed the tax reform legislation negotiated between Governor Snyder, Senate Majority Leader Richardville and Speaker Bolger. As passed, this legislation is a major breakthrough in Michigan’s attempt to revitalize our economy and bring about job creation.
The Michigan Chamber today announced its opposition to a proposed 16 percent increase in the tax the city of Detroit imposes on Detroit casinos.
“Detroit’s three casino operators have made a substantial financial commitment to the city, investing millions of dollars in first-class facilities and creating thousands of good jobs for hard-working city residents,” said Michigan Chamber President & CEO Rich Studley. “Now is not the time to impose a multi-million dollar tax penalty on these critically important job providers.”
On Tuesday, April 12, Governor Snyder, Senate Majority Leader Richardville, and House Speaker Bolger came to an agreement on tax reform. The following elements are part of this plan based on the original framework as proposed by Governor Snyder:
The Michigan House on Tuesday, March 1st, introduced legislation to implement Governor Snyder’s proposal to implement long-overdue tax reform. House Bills 4361 and 4362, sponsored by State Representative Jud Gilbert (R-81, Algonac) incorporates changes to Michigan’s Individual Income Tax, as well as a new 6% Corporate Income Tax for business. The Michigan Chamber strongly supports this comprehensive proposal to provide fair, simple and efficient tax reform and create a business tax climate conducive to job growth.