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Article: Plan would tax services, lower sales tax.(NEWS)
- Article from:
- Crain's Detroit Business
- Article date:
- October 26, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Amy Lane
A new proposal to lower Michigan's sales tax and expand it to services is edging onto the Capitol landscape, with House Speaker Andy Dillon saying he supports the direction it takes.
The plan, introduced last week by State Rep. Mark Meadows, D-East Lansing, would lower Michigan's 6 cent sales and use taxes to 5 cents and extend them to services, raising money to help fund revenue sharing, K-12 education and repeal of the Michigan Business Tax surcharge.
Meadows said he is putting forth the plan House Joint Resolution KK and House Bills 5527-5529 not as a measure to shore up the still-to-be-inked fiscal 2010 budget but to ...