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Changes for State Single Business Tax (SBT) Debated

The TC Record-Eagle reports that the Michigan Manufacturers Association and the Chamber of Commerce have differing views of the SBT. The manufacturing sector backs Gov. Granholm's proposal to roll back the SBT tax on manufacturers and shift burden to financial and service industries. The Michigan chamber opposes the changes, saying it will result in higher taxes for thousands of Michigan companies

Read State groups wrangle over Single Business Tax overhaul in the Record-Eagle

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