Proposal 1 (Eliminating the Personal Property Tax) Benefits Everybody in Michigan – Vote Yes

Posted: 06/20/2014 in General Information, Where We Stand
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We all win by voting “YES” on Proposal 1!

Proposal 1 will make sure 100 percent of the estimated lost revenue will be reimbursed to communities when the Personal Property Tax (PPT) is eliminated.

Eliminating the PPT is expected to create up to 15,000 jobs and increase business investment by $450 million.

As you know, Proposal 1 would end the unfair and antiquated double tax (also known as the personal property tax) small businesses pay every year on the equipment they already own, while stabilizing funding for police, fire, jails, roads, schools, senior services and other important municipal services.

Business Leaders for Michigan recently produced a short, simple video explaining how Proposal 1 would benefit all of Michigan. Watch the new video here:

The Saginaw County Chamber of Commerce urges you to vote Yes on Proposal 1. Please share this information with your voting friends and acquaintances.

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