For Immediate Release:
Coalition Opposes $900 Million Tax Increase
Special Interest Tax Hike Will Mean Higher Taxes and Less Jobs in Michigan
Lansing, MI— On Thursday, following the Board of Canvassers certification of the petitions to increase Michigan’s Corporate tax rate, the Coalition Against Higher Taxes and Special Interest Deals announced their intention to fight the proposal to almost double the corporate income tax resulting in a $900 million tax hike that will hurt families and cause jobs to leave this state. The Coalition also points out that this defective proposal will not guarantee road funding.
Randall Thompson, Executive Director for the Coalition said, “This $900 million dollar special interest tax hike will only do three things – increase costs on goods and services to Michigan’s middle-class families and devastate our economy and drive jobs out of Michigan. Additionally, those proposing this tax hike can’t even guarantee it will go to fix the roads.”
Thompson concluded, “In just over 90 days, we were able to mobilize over 50,000 members to help us show the people of Michigan just how bad the $2 billion tax of Proposal 1 was for Michigan families. That was bad public policy and so is this defective proposal. We are committed to defeat this money grab and will work with our coalition to get this done.”
Paid for by the Coalition Against Higher Taxes and Special Interest Deals 215 S. Washington Square, Suite 160 Lansing, MI 48933