Vermont business tax burden one of the highest in U.S.

Vermont Business Magazine,

Illinois biz won't like these tax numbers

Crain's Chicago Business,

Annual State Business Tax Burden Rankings Released, Anderson Economic Group ranks all 50 states; Michigan Moves from 12th to 16th

 

Small-business owners say costs, regulations among needed ACA fixes

Crain's Detroit Business,

 

Legislators push for transparency with business tax credits

 The Tennessean,

Outline of “Repeal Single Business Tax” Initiated Law

In early 2006, Anderson Economic Group was retained by L. Brooks Patterson and the campaign committee titled “Repeal SBT,” to draft an initiated law that would repeal the Michigan’s decades-old Single Business Tax, which had gross revenue of approximately $2 billion. The SBT was the only value-added tax in the US, and had become riddled with special provisions and alternate tax calculations. It was widely derided as the “small business tax” because such enterprises were often required to pay tax even when unprofitable, and were not the intended beneficiaries of many special provisions.

Patrick Anderson drafted an initiated law to repeal the tax, affirm existing tax obligations, and provide for a transition to new tax structure. The March, 2006 memo outlines the statutory language, proposed ballot description, purpose of specific provisions, effective date of repeal, and transition issues related to the payment of taxes by businesses. 

The ballot committee relied upon this language, and circulated petitions that were signed by over 291,000 citizens. Under the Michigan Constitution, this placed the initiated law before the legislature for adoption or rejection, and to the voters if the legislature failed to adopt it. Both houses of the Michigan legislature passed the initiated law in August 2006, and it became Public Act 325 of 2006. 

The publication available here contains the original March 2006 memo, and the codified law.

Does Oregon have the lowest corporate tax? It depends

The Bulletin,

Just Released: A Spotlight On State and Local Business Taxes in Michigan

 

A Spotlight on State and Local Business Taxes In Michigan

 

How much do Illinois businesses pay in taxes?

Crain’s Chicago Business,