Stateside
4:53 pm
Wed February 26, 2014

Why this Michigan tax reform is getting bipartisan support

An interview with Kathleen Gray and Jonathan Oosting.

When Governor Snyder pushed through a repeal of the the personal property tax — aka the PPT — in late 2012, it was seen as a good step towards encouraging businesses to set up and expand in Michigan.

But local governments took it right on the chin. As the PPT phased out, many were in line to lose a significant source of revenue.

But there's good news for municipal officials worried about a great big hole in their budgets.

A package of bills has been introduced in the State Senate that would plug that hole, without having to revert to anything like the PPT, which Governor Snyder called "the second-dumbest tax" in Michigan.

And this package seems to have just about everyone on board, including both Democratic and Republican lawmakers.

Here to tell us more is Kathleen Gray from the Detroit Free Press, and MLive’s Jonathan Oosting.

Listen to the full interview above.