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#northernmichigan

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Detroit Chamber says Whitmer’s proposed tax hike to fund roads is bad for business byteseu.com/733108/ #business #EconomicDevelopment #environmental #INFRASTRUCTURE #NorthernMichigan #Transportation

Bytes Europe · Detroit Chamber says Whitmer’s proposed tax hike to fund roads is bad for businessGov. Gretchen Whitmer’s road funding plan is bad for business, according to the Detroit Regional Chamber.The regional business organization contends the proposed corporate income tax increase would hurt Michigan businesses.Unveiled Monday, Feb. 10, Whitmer’s plan would add about $3 billion in new road funding each year. This would be accomplished by increasing the corporate income tax, taxing wholesale marijuana sales, cutting unspecified programs and shifting all taxes at the pump to road fundingThe corporate income tax increase alone would generate about $1.6 billion each year, according to Whitmer’s office.Whitmer’s office declined to specify the amount the 6% corporate income tax
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