Seems Michigan is looking at eliminating personal property taxes which doesn't sit well with local municipalities.Looks pretty good to business.
Kingsford against property tax plan - IronMountainDailyNews.com | news, sports, business, jobs - The Daily News:
"The Senate Finance Committee is preparing to take testimony on Senate Bill 34, which is sponsored by State Sen. Mike Nofs, R-Battle Creek.
According to a Municipal League alert, Nofs has expressed a willingness to look for replacement revenue. However, the League also notes that State Sen. Jack Brandenburg, R-Harrison Township, who chairs the Finance Committee, supports having no business taxes at all in Michigan.
Personal property includes items not permanently affixed to land, such as equipment, furniture, tools or computers. In Michigan, only businesses pay the personal property tax."
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