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Username: Gmich99

Post Number: 200
Registered: 11-2005
Posted on Thursday, May 24, 2007 - 11:12 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

http://www.detnews.com/apps/pb cs.dll/article?AID=/20070524/P OLITICS/705240357

Part-time Legislature urged

Lawmakers asked to consider cutting own jobs to help fix state's $800M deficit

Charlie Cain and Mark Hornbeck / Detroit News Lansing Bureau

LANSING -- The Michigan House late Wednesday night passed a plan to replace Michigan's expiring main corporate tax in hopes the Senate will sign on.

The latest House version passed 62-47, largely along partisan lines, with Democrats in support and Republicans opposed. It would generate the same $1.9 billion produced by the Single Business Tax, which ends Dec. 31. The Senate plan, passed earlier this year, would give businesses a tax savings of about $600 million.

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