One Size Does Not Fit All
From Crain’s Detroit Business; Aug. 6, 2014
The business community scored a big win Tuesday night, with Michigan voters approving Proposal 1, thus ensuring the elimination of the industrial personal property tax.
With 98 percent of precincts reporting statewide as of early Wednesday morning, the proposal passed 69-31.
Proposal 1’s passage also ensures approval of a plan supporters say will allow local communities to continue to receive the revenue the tax generated.
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Thanks to the help of the businesses members of the Northern Michigan Chamber Alliance, every county in northern Michigan voted in support of Proposal 1 in large numbers.