The Detroit Free Press reports that the House Tax Policy Committee is expected to approve a bill to repeal the Michigan Single Business Tax in October 2007, and the bill is expected to pass the Republican-dominated House and Senate. The measure includes no provisions to replace the nearly $2 billion in revenue the tax generates but Republicans hope eliminating the tax will spark discussion on alternative revenue generation. Bill co-sponsor Leon Drolet said "It's become apparent to everyone that we have a jobs-killer loose on Michigan's economy, and it's time we brought this the killer to justice". Rep. Paul Condino (D-Southfield) doubts that lawmakers could put together a new tax before October 2007, leading to massive cuts in state services.

Also see GOP takes aim at business tax in the Detroit News

Read More (external link) »