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Home / MI AG Cox – Cut Taxes For All Businesses and ResidentsMI AG Cox – Cut Taxes For All Businesses and Residents
Last Updated on Wednesday, 29 April 2009 12:52 Written by rslcpol Wednesday, 29 April 2009 12:52
From Hometown Life:
The state should not pick and choose which industries it gives tax breaks to but cut taxes for all businesses to help turn the economy around, Michigan Attorney General Mike Cox recently told about 130 business leaders in Livonia.
Cox, who’s formed a committee to explore a run for governor next year, said cutting the new $2.6 billion Michigan Business Tax in half and repealing the $700 million increase in personal income taxes signed into law in 2007 are two things the state can do right away to encourage job growth.
“Let’s tell businesses this is the place to come,” Cox said at a breakfast meeting of the Livonia Chamber of Commerce.