Reviewing Tax Credits

By: AP
By: AP

Gov. Rick Snyder says he plans to ask lawmakers to wipe out billions in business tax exemptions when he presents his proposal next week for the budget year that starts Oct. 1.
Snyder has said he plans to review tax credits to see which are worth keeping, but hadn't said how many would be eliminated.
Lt. Gov. Brian Calley told the Holland Chamber of Commerce on Tuesday that the administration is counting on $2 billion from such cuts.
Calley also says the budget proposal will be like an "atomic bomb" going off in Lansing, a comment that drew criticism from Snyder spokeswoman Sara Wurfel.
Wurfel said Wednesday that Calley's comments were an "extremely unfortunate choice of words."
She also denied Calley's claim that Snyder plans to present an all-cuts budget.


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