We are out of the gate and down the track in 2017! As the NFIB Small Business Optimism Index goes off the charts we are excited about the opportunity to move the cause of small business forward in Michigan and at the national level.
The 2017 session began with two proposals (Senate and House) to roll back and repeal the state Income Tax. While the House effort failed to garner enough votes to roll the rate back to 3.9% (see related story) from the current 4.25%, the state Senate will begin hearings this week on other tax cut alternatives. NFIB will be working to be sure that small business is not left out of any tax relief discussions.
Legislation that would encourage the redevelopment of brownfield sites by allowing developers to share in new tax revenues from these projects has passed the Senate and is awaiting further action in the House. We are seeking your input on this issue and a member survey has been sent out via email. Let us know if you have not received it so your voice is heard on this important legislation. You can review the question and background HERE.
We have announced our 2017 Small Business “Main Street” agenda for Michigan and you can take a look at it or download it HERE.
Our state has made significant progress and Michigan is back on track to being a great state to bring a business, grow a business or start a new business. However, there are challenges on the horizon that must be addressed if we are to continue on the path to prosperity and opportunity for small business.
Let’s work together to make Michigan the best state for small business in 2017!