Don't Like the PPT? It's On the Ballot

Proposal on business tax to be on ballot statewide.

Randy Sexton, owner of Gordy's Pizza & Pasta in Port Angeles, was smiling for this photo Friday but not necessarily two days before when his business phone for food orders rang off the hook with calls misdirected from the television program “American Idol.” -- Photo by Keith Thorpe/Peninsula Daily News

 The PPT isn't popular with businesses.

LANSING, Mich. (AP) -- A proposal that would get rid of the personal property tax will appear on the Michigan ballot.
The Board of State Canvassers on Thursday designated the issue as Proposal 1.
The Detroit Free Press and Michigan Radio report it will be the only statewide question on the Aug. 5 ballot.
The measure would reimburse cities for their lost personal property tax revenue with other state revenue.
The personal property tax is paid by businesses and manufacturers. It's based on the value of their equipment and other assets. Many Michigan communities rely on the tax revenues to pay for basic city services.
The PPT isn't popular with businesses.
State lawmakers already have voted to repeal the tax. But the issue still needs voter approval.


WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 260493191 - wilx.com/a?a=260493191