Candidate for governor, Rick Snyder, a CPA from Ann Arbor is suggesting the Michigan Business Tax be repealed and replaced by an income tax. He spoke to a group of about 250 CPAs on Tuesday of this week in Lansing.
It is true that many in the business community would like the tax repealed. I have said "it's a monster". Please check out the video which I participated in by clicking on the link below.
Retooling Michigan Report on the Michigan Business Tax
Retooling Michigan report on the MI Business Tax