At this point it is unclear what form the state budget will take as we
enter the state’s new fiscal year. We at SBAM are calling for cuts and
reforms to the budget. But not everybody agrees.
Governor Granholm’s plan calls for increased taxes on bottled water, cigarettes and entertainment tickets.
Rep. George Cushingberry, the House Appropriations Chair, has proposed
increased taxes on cell phones, satellite TV, fast food and bottled
water.
The “Better Michigan Future” group is calling for a graduated income
tax and an expansion of the sales tax to services such as spas, tickets
to entertainment and sporting events; and landscaping, among others.
In addition, these proposals call for closing some so-called “tax
loopholes” that benefit the business community. (See related story)