Dec 18, 2007 | Legislative
This year proved to be an eventful year in the legislature. The governor and legislature tackled a billion dollar a year deficit, re-wrote the state’s business tax laws and significantly increased general fund revenues through major tax increases. As 2007 draws to a...
Dec 4, 2007 | Legislative
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...
Nov 26, 2007 | Legislative
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...
Nov 16, 2007 | Legislative
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...
Nov 16, 2007 | Legislative
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...
