Richardville urges state House to adopt MBT legislation
LANSING-Sen. Randy Richardville today gathered in the state Capitol with Senate and House lawmakers to urge the Michigan House to quickly approve legislation that will end a job-killing tax that is further weakening the state’s economy.
“During these difficult economic times, job providers need relief and a reason to stay in Michigan,” said Richardville, R-Monroe. “Currently, the MBT surcharge places a heavy financial burden on state businesses. The House should do the responsible thing by returning to Lansing and approving this important legislation.”
Last week, the Michigan Senate approved legislation to phase out the massive Michigan Business Tax surcharge over the next three years beginning Jan. 1, 2009. House leaders have since remained silent on the issue and shown no willingness to pass the bill and provide desperately needed relief to Michigan job providers.
“Last week’s repeal of the MBT surcharge by the Senate was an aggressive, bipartisan move to provide relief to thousands of Michigan job providers and businesses across the state,” said Michael D. Bishop, R-Rochester Hills. “The House leadership’s unwillingness to pass this legislation is just another example of politics trumping policy. In these tough economic times, the Senate recognizes it’s our job as lawmakers to do whatever we can to help businesses and our economy rebound in Michigan. It’s time for the House leadership to hear that wake-up call, and pass this jobs-creating legislation.”
Since the MBT’s passage, Michigan has lost nearly 70,000 jobs. Michigan’s unemployment rate was 7.5 percent in October 2007 when the surcharge was created. Today’s unemployment rate stands at 8.9 percent.
“Eliminating the surcharge would be a great help to Michigan business owners, and it will also improve the state’s struggling economy,” Richardville said.
The MBT surcharge repeal, along with crucial property tax reform legislation, continues to languish in the Michigan House.
Editor’s note: A photograph of Sen. Richardville at the news conference is available on the Senate Majority Photowire.
Posted: Thursday, October 09, 2008
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