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Small business study finds local sales tax proposal unpopular

by
tax preparation
tax preparation

LANSING (WKZO) -- Local sales taxes are not a popular idea with small businesses according to a new survey from the National Federation of Independent Business.

The idea to implement local sales taxes in Michigan's counties and municipalities was floated during recent discussions in the state legislature on how to fund road repairs. By the NFIB's numbers, 91-percent of businesses surveyed were strongly against the idea, with just four-percent supporting the thought and the rest undecided.

The survey did find broad support for proposed changes in the Use Tax sharing formula as the Personal Property Tax on businesses is reformed. That proposal will be on voting ballots this coming August.

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