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Granholm Concedes SBT is Doomed in Interview

Today's Detroit Free Press has a great interview with Gov. Granholm in which she concedes for the first time that she expects Michigan's much criticized Single Business Tax (SBT) to be replaced and that she wants to negotiate a new business tax to replace all $1.9 billion the SBT generates annually. Oakland County Executive L. Brooks Patterson has said he will turn in 360,000 signatures (over 100,000 more than required) to force the Legislature to vote on eliminating the SBT. Granholm said "We've already seen $1.7 billion in cuts for businesses, and it has not done the job. Enough. Let's invest in our workforce, in our education system."

In the interview, Granholm also took shots at challenger DeVos and when asked about her lack of a counter-campaign, replied, "I am not a multibillionaire. I don't have personal resources to take out ads in that way for that long."

Read Granholm ready to replace doomed tax in the Freep

Posted/updated May 26, 2006
by Andrew McFarlane (Absolute Michigan)