Absolute Michigan's Michigan Blog
 
Tuesday, November 29, 2005

Republicans to Push Simpler Business Tax Plan

The Lansing State Journal reports that the Republican controlled Legislature will push a revised plan to lower business taxes by $500 million over four years, with cuts targeted to help the manufacturing sector. Manufacturers would receive a 15% credit for taxes they pay on equipment and computers starting Jan. 1, and a 100% investment credit in 2007 and 2008 if they bring jobs into Michigan.

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# posted by farlane @ 9:17 AM
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