ABC of Michigan believes that fiscal responsibility and a simpler tax code are keys to a healthy economy.
ABC supports responsible economic policy and and fiscal responsibility.
Several components of the tax code have been devastating to small construction companies. This directly correlates to fewer jobs and a weaker economy. As such, ABC strongly supported the elimination of the Michigan Business Tax and the creation of the new Michigan Corporate Income Tax (CIT). CIT resulted in a fairer method of taxation by eliminating double taxation on S-corps and LLCs, while reducing the overall burden of C-corps.
This has resulted in a more evenly applied, simpler, and lower method of taxation. The result is more investment in our state and job growth.
Back to main Issues page.