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Items Tagged with 'personal property tax'
Lt. Gov. Brian Calley was in a manufacturing plant in Grand Rapids last week to sign long-debated legislation that would replace funding lost by the phase-out of the industrial personal property tax — if enough Michigan voters say yes to the August ballot proposal. Read More
Small business exemption may be beginning of end of tax on industrial firms.
The personal property tax or PPT — seen by many as the bane of business in Michigan but crucial revenue for many local governments, schools and library districts throughout the state — will not apply this year to small businesses with personal property of a total true cash value less than $80,000. Read More
The Grand Valley Metro Council joined a growing list of public entities that are calling for state House lawmakers to take a deep breath, leisurely grab a cup of coffee or two –– the de-caffeinated variety preferably –– and then delay their votes on a package of bills that would eliminate most of the Personal Property Tax. Read More