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Michigan Installments Fixed Rate Promissory Note Secured by Personal Property Michigan Form

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Michigan Installments Fixed Rate Promissory Note Secured by Personal Property Michigan Form

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when i took office back in 2011 and you looked at our competitiveness as a state there were two things that stood out from the tax side that were dumb the dumbest thing we had going was the michigan business tax the second dumbest thing we were doing in the state of michigan was putting personal property tax on industrial property and we took care of the first one fairly quickly the second one was more challenging and the reason i say more challenging it wasn't a problem per se but it was the fact that was a revenue stream for our local partners and i viewed that as something we needed to be very careful and sensitive about is making sure we were being a good partner with our local partners and how we could work together to address it to be blunt putting a separate tax on industrial equipment was making us less competitive it just doesn't make any economic sense and if anything we've shown great success about bringing more and better jobs to the state of michiga

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