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House Passes Tax Increases

Also last week, the House passed and proposed a number of tax increases that are intended to restore the some of the cuts that are included in the budget bills.  The one that has received the most attention thus far is a tax on physicians.  The tax would charge doctors’ offices and other medical facilities a 3% tax based on their revenues. 

Proponents of the tax which is called the Quality Assurance Assessment Program (QAAP) point out that the tax allows the state to get federal money to supplement those who treat Medicaid patients and for some physician’s will actually amount to a net increase.

However, those doctors who treat little or no Medicaid patients would only pay the tax.

The House passed the physician’s tax and a bill to freeze an increase in the personal income tax exemption that would otherwise take place next year.

Other bills that have been discussed in the House to raise more revenue include reductions in certain Michigan Business Tax Credits (what they would be has not been determined), an increase in taxes on certain tobacco products (not cigarettes), and increasing liquor license fees for bars to stay open later.

The Senate has said that they have little interest in passing these bills.

SBAM remains committed to our position that the budget should be balanced without tax increases, and then the legislature to look at structural reforms that will be needed to balance next year’s budget.

SBAM and Michigan business groups to hold Tues. 11 a.m. press conference at state Capitol

SBAM and other Michigan business groups, encouraged by the state Senate’s proposal to reduce the cut in the K-12 education budget and phase out the job killing Michigan Business Tax surcharge, are gathering at the state Capitol on Tuesday at 11 a.m. to ask the Michigan House to finish the work started in the upper chamber. Their message: with all budgets now passed it is important that our elected leaders focus on meaningful reforms that will facilitate economic growth and lead to a revitalization of Michigan. Both the Governor and House Democrats have said they favor repeal of the MBT surcharge and now the Senate has put forth a balanced plan to accomplish this goal.

 


SBAM featured on Detroit Public Radio show: “Climate Change – Is Detroit open For Business?”

“Climate Change – Is Detroit open For Business?” is a four-part series on WDET Detroit Public Radio that explores the small business climate in Detroit during the election season. Last week’s installment featured SBAM’s Vice President Communications Michael Rogers and other guests. Click here to listen to the recorded program.

 


The program was moderated by Bankole Thompson of the Michigan Chronicle. Other guests were Austin Black, the president and a founding member of City Living Detroit, a non-profit that promotes living in the city; Claire Nelson, small business owner and co-founder of Open City, a forum for small business owners in Detroit; and Frank Taylor, the CEO of the Frank Taylor Restaurant Group. His restaurants include Seldom Blues, Detroit’s Breakfast House & Grill and the Detroit Fish Market.

 


The other three parts of the series will air Wednesdays at noon on WDET-FM 101.9.

 


SBAM tops 6,400 members in September

The Small Business Association of Michigan’s (SBAM) statewide membership now exceeds 6,400 members, up from slightly more than 5,000 in 2007.
“Our rapid growth shows that small business owners all across Michigan value being a part of America’s best state-based small business organization,” says Barry Robinson, SBAM’s vice president for sales and marketing. “They are joining our cause in record numbers because they believe in the power of numbers and they believe in our mission of championing small business at the state capitol.”
SBAM is the only statewide and state-based association that focuses solely on serving the needs of Michigan’s small business community. It has been successfully serving small businesses in all 83 counties of Michigan since 1969.
Small business owners can join the fight by clicking here.

 


Small Business Award Nomination Forms Available Now at Michigancelebrates.biz

The sixth annual Michigan Celebrates Small Business (MCSB), the state’s premier recognition program for entrepreneurs and supporters of small business, is now accepting nominations for the 2010 awards. Nomination forms are available now at michigancelebrates.biz and must be submitted by Nov. 2 to be considered.

Michigan Celebrates Small Business is a cooperative effort of the Small Business Association of Michigan, U.S. Small Business Administration – Michigan, the Michigan Economic Development Corporation, the Michigan Small Business & Technology Development Center and the Edward Lowe Foundation.

Award categories are Small Business Person of the Year, Entrepreneurial Success Award, Family-Owned Business of the Year, Small Business Exporter, Young Entrepreneur of the Year, Financial Services Champion of the Year, Home-Based Business Champion of the Year, Michigan Small Business Counselor of the Year, Minority Small Business Champion of the Year, Small Business Journalist of the Year, Veteran Small Business Champion of the Year, Women In Business Champion of the Year, The Innovation Award, Main Street USA Best Small Business Award and Government Contracting Award. Nominations for these awards will be accepted through Nov. 2 at http://www.michigancelebrates.biz.

The Michigan Celebrates Small Business awards include Michigan 50 Companies to Watch. This program is sponsored by the Edward Lowe Foundation and each year recognizes and celebrates the contributions, innovation and energy of 50 diverse second-stage companies in Michigan. Nominations are due Nov. 2 and can come from service providers (such as attorneys, bankers, accountants, public relations representatives, economic development offices, etc.) Companies may also self-nominate. Nominees will receive an e-mail with instructions to complete an online application that will be due Nov. 16.

Winners will be recognized April 29, 2010, at the Michigan Celebrates Small Business event and dinner at the Lansing Center in downtown Lansing.

Underwriters for this year’s Michigan Celebrates Small Business are National City (now a part of PNC), Clark Hill PLC Attorneys at Law, the Michigan Economic Development Corporation, the Michigan Certified Development Corporation, Accident Fund Insurance Company of America, IBM and Dynamic Edge Inc.. Media partners are MiBiz, Crain’s Detroit Business, Upper Peninsula Business Today, the Traverse City Business News, Mitechnews.com, WWJ Newsradio 950 and The Daily Dash, and the Greater Lansing Business Monthly.

 


SBAM says businesses have cut back – government and schools must also sacrifice

Lawmakers and the governor are under a midnight deadline to complete the state budget. Michigan small business owners need to know that many legislators from both sides of the aisle are wavering in their support of budget bills that include modest cuts to education programs that have been largely held harmless for a decade. If these cuts are not made, small businesses are in jeopardy of getting slapped with another last-minute tax increase like occurred two years ago.

SBAM believes that at a time when many public school districts have multi-million dollar fund balances, it’s not too much to ask them to accept a 3% cut. After all, Michigan's budget deficit is severe -- $2.8 billion of a $9 billion general fund. And for the last ten years, the Legislature and Governor have largely been able to shield public schools from the pain of the ongoing economic crisis. But today, when many other programs are facing outright elimination (never mind modest cuts), small business owners need to take action RIGHT NOW to ask state government to make the responsible decision and live within their means.

 

(photo by jimbowen0306)

 


Michigan’s business community continues to speak with one voice for structural reform – before time runs out on the state budget

On Sept. 25, SBAM and 15 other business organizations jointly sent a letter to Gov. Granholm and Michigan legislators, calling on them to “hold the line and pass the budget deal that was agreed to by leaders in the Legislature” and opposing any tax increase on job providers.

Download the letter by clicking here.

In addition to SBAM, the organizations signing the letter were the Michigan Chamber of Commerce, Detroit Regional Chamber, Grand Rapids Area Chamber of Commerce, Lansing Regional Chamber, Associated Builders and Contractors of Michigan, Kalamazoo Regional Chamber, Michigan Association of Home Builders, Michigan Manufacturers Association, Michigan Association of Realtors, Michigan Restaurant Association, National Federation of Independent Businesses, Business Leaders for Michigan, Michigan Grocers Association, Michigan Retailers Association and the Michigan Bankers Association.

 


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