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Tag: business leaders for Michigan

Business Leaders for Michigan budget plan - Some of it good, some of it horrible

By Republican Michigander, Section News
Posted on Sat Sep 12, 2009 at 09:24:52 AM EST
Tags: David Brandon, business leaders for Michigan, taxes, services tax, budget (all tags)

The group that used to be Detroit Renaissance is now "Business Leaders for Michigan." Some hype came out about the business plan it endorsed. The Detroit News has its proposal out.

From the Detroit News

A newly formed coalition of Michigan CEOs announced Thursday it would support extending the sales tax to most services if it is lowered. Business Leaders for Michigan, an expansion of Detroit Renaissance that includes 25 corporate captains from across the state, would cut the 6-percent sales tax rate to make the change initially revenue neutral. But the plan would raise additional revenue in the future as the state continues its shift away from a goods economy and toward a service economy. David Brandon, chairman of the group and CEO of Domino's Pizza, said a "sales tax on services has to be part of the equation" as the state modernizes a tax code built for the 1950s.
Gov. Jennifer Granholm proposed a 2 percent tax on services two years ago but the plan died in the Legislature. Lawmakers passed a tax on some services late in 2007 but the levy was scrapped.
"The governor welcomes all ideas," said Liz Boyd, spokeswoman for Granholm. "But it is ironic that the business community is now calling for a sales tax on services when two years ago they're the very ones who killed it when the governor proposed it."
Past studies have indicated the state could reduce its sales tax rate to about 5 percent, if it were extended to services, and generate revenue that the 6 percent sales tax on products raises today.

The Matt Millen of governors Granholm's got a point. That's because this services tax plan is a Matt Millenesque idea from this group. NO NEW TAXES. I don't care which side it is from. This will factor heavily in my voting plan if David Brandon ever does decide to run for office. No vote here.

Here are the rest of the ideas:

(601 words in story) Full Story