Small business leaders speak out against Whitmer tax plan

Many business groups across the state say they aren't thrilled with the prospect of Governor Whitmer raising their taxes.The leaders of a couple of those groups were at the Capitol today.The Economic and Small Business Development Committee met this afternoon with business leaders, including Brian Calley, the former lieutenant governor and the current president of the Small Business Association of Michigan.They say small businesses are important because nearly two out of every three jobs in Michigan come from a company with less than a hundred employees. Currently, small businesses that report business income on their personal income tax returns are taxed at the individual rate of 4.2 percent.In her budget proposal, Governor Gretchen Whitmer would tax these same businesses at six percent, what larger corporations pay.

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