Watch the replay!
Today’s Small Business Briefing with Sarah Miller, Jacob Manning and Brian Calley focuses on various legislative updates, policy discussions, and economic data relevant to small businesses. Sarah and Jacob discussed the income tax rollback bill, road funding plans, and recent testimonies on overregulation. Additionally, updates on the Earned Sick Time Act and political news regarding the gubernatorial and Senate races were provided. Brian concluded with a Data Monday update on inflation and employment statistics.
Key Points:
- Income Tax Rollback Bill: Discussion on House Bill 4170 to reduce the income tax rate from 4.25% to 4.05%.
- Road Funding Plans: Competing plans from Governor Whitmer and House Republicans, including potential corporate income tax increases and changes to mega credits.
- Earned Sick Time Act: Updates on the Department of Labor and Economic Opportunity’s FAQ document and compliance webinar.
- Political News: Lieutenant Governor Gilchrist’s gubernatorial campaign launch and Pete Buttigieg’s decision not to run for Senate.
- Data Monday Update: Insights on inflation trends, labor force participation, and unemployment rates.
Click here for more News & Resource
Share On:
© 2025 Small Business Association of Michigan, All rights reserved