Wednesday, March 30, 2011

LRCC Supports Snyder Tax Plan & International Crossing

The Lansing Regional Chamber of Commerce announced its support for Governor Rick Snyder's Tax Proposal and the New International Trade Crossing. 

"We believe our support for both of these important initiatives is one more piece of Governor Rick Snyder's plan to reinvent the State of Michigan," said Tim Daman, president & CEO of the Lansing Regional Chamber of Commerce. "The Chamber's mission is to support economic growth and sound public policy resulting in business investment and job creation."

Lansing Regional Chamber Backs Gov. Snyder's Tax Plan

The Lansing Regional Chamber of Commerce (LRCC) has come out in support of Governor Rick Snyder'stax reform proposals. Under the Governor's proposal, the Michigan Business Tax (MBT) would be replaced by a 6 percent corporate income tax on C corporations, a 4.25 percent fixed individual income tax rate, and eliminate several business tax exemptions and credits.

"We believe the Governor's plan is the best opportunity to create a strong competitive business climate that will lead to a long-term and sustainable economic climate in Michigan," said Kristin Beltzer, senior vice president for Government Relations and Public Affairs. "We must create an environment that encourages business expansion and unleashes the job-creating power of the private sector in our state."

Lansing Regional Chamber Supports International Trade Crossing

The Lansing Regional Chamber of Commerce is supporting the proposed New International Trade Crossing which will connect Detroit and Windsor, Ontario by creating a new border crossing over the Detroit River. The proposed $5 billion public/private project would assist Michigan in leveraging up to $2.2 billion in much needed federal transportation funding for roads, bridges and infrastructure improvements.

For more information on the LRCC's support click here.

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