Bulletins
Legislators finally agreed on a replacement plan for the controversial sales tax on services this weekend. MITA opposed the replacement plan because medium size companies will see a sizeable 22-percent increase in their MBT liability under the proposal. However, many MITA members will be exempt from the tax increase because
Last week the state Senate approved a plan to replace the state’s controversial new sales tax on services by creating a 13.85 percent MBT surcharge. The plan would also put a January 1, 2011 sunset date on the increase. The Senate proposal counters a House plan which set the surcharge
MITA is urging members to contact their legislators’ offices today to tell them what another 30-percent increase in the Michigan Business Tax (MBT) would do to your business. Click here for a sample letter. The House voted last week to eliminate the state’s controversial new service tax and replace it with
MITA has been busy working in recent weeks on a number of important issues affecting the heavy construction industry. Bulletins have recently been posted on the ongoing proposed changes to the Michigan Business Tax and MITA has asked members to contact their legislators (click here). There have been several other issues in
Thursday, November 8, 2007, the Michigan’s Design & Construction Coalition (MDCC) offered an estimated 20,000 middle and high school students the opportunity to “test drive” various construction and engineering-related careers during the Michigan Youth Engineering & Science (YES!) Expo held at Detroit’s Ford Field. The goal of the Expo, which
MITA is urging members to contact their legislators’ offices today to tell them what another 30-percent increase in the Michigan Business Tax (MBT) would do to your business. Click here for a sample letter. The House voted last week to eliminate the state’s controversial new service tax and replace it with
On November 8 Congress delivered its first override of a veto by President Bush to approve a $23 billion bill that authorizes water infrastructure projects sought by lawmakers of both parties. The Senate voted overwhelmingly (79-14) to override the veto, with a majority of Republicans and Democrats rejecting Bush’s assertion
ACTION NEEDED: Legislators Look to Replace Service Tax with Increased MBT; Corporate Taxes Would Skyrocket 30% The House voted yesterday to eliminate the state’s controversial new service tax and replace it with a special 30-percent surcharge on the new Michigan Business Tax (MBT). The state Senate is currently working on
On November 6 a bi-partisan coalition in the House easily overrode President George W. Bush’s veto of a bill that authorizes high-profile projects in Michigan. The Senate is expected to follow suit November 8. The House override vote was 361-54, with all 15 Michigan members, including nine Republicans, breaking with
President Bush announced his long anticipated veto of legislation to authorize $23 billion for projects aimed at improving navigation, flood control, environmental restoration, water supply and storm damage reduction. The Water Resources Development Act (WRDA), H.R. 1495, would also provide some funding for water, wastewater and combined sewer overflow projects.
There has been significant discussion in recent days regarding the repeal of the new sales tax on services and adding an M.B.T. surcharge to offset the loss. As currently being discussed, such a proposal would have a disastrous effect on the entire construction industry. According to various reports, the added
This week Gov. Granholm signed the state transportation budget, after a month-long delay because of wrangling over general fund tax increases. As predicted by MITA over the past year, the state road and bridge program will see a sizeable $300 million – or 18 percent – cut due to lack
