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MBT Reform
The Kalamazoo Regional Chamber of Commerce fully supports the repeal of the Michigan Business Tax (MBT) Surcharge.
The MBT surcharge was created in order to replace the Single Business Tax, a complicated piece of legislation that disincentivized capital investment and employment.
Despite many good intentions, the MBT is already proving to be a complicated, harmful tax to business in Michigan. More than 60 percent of respondents in a Michigan Chamber of Commerce survey said the MBT is more complicated than the previous SBT and 80 percent said they are now worse off than they were before its implementation.
We urge you to contact your legislators and ask them to support SB 0001, which calls for a phasing out of the 22% surcharge.
- MI SB 0001: Business Taxes Read More
