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Business Tax Proposal Coming from Michigan Republicans

The Gongwer News Service reports that Michigan House Republicans will pursue a counterproposal to Democratic Gov. Jennifer Granholm's plan to overhaul business taxes. The proposal could involve the credit toward the SBT on personal property taxes paid, but broadening it beyond just manufacturers. The GOP plan also would likely include changing the tax's formula to base it entirely on sales.

Read Michigan House Eyes Tax Proposal For Next Week from MITECHNEWS

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