Governor Granholm's Michigan Business Tax (MBT) Plan
November 29, 2006 - Governor Jennifer M. Granholm today unveiled details of the Michigan Business Tax (MBT), her new plan to replace the out-going Single Business Tax (SBT), making the state's business climate more competitive and ensuring that funding will be available for critical programs including public education, health care, and public safety. The plan is built on the principles Granholm has outlined this year: a tax that is revenue neutral with a low rate and broad base that doesn't tax payroll or health care.
MI Newswire
MI Newswire
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