Added: Feb 27, 2008
From: mifairtax
Duration: 6:19
http://www.mifairtax.org/ - Michigan FairTax Presentation by Ron Babin, Deputy Director of MFTA. Presentation of the current state of Michigan's economy and tax system, along with the solution to these current struggles, the Michigan FairTax. The Michigan FairTax is a proposal that would remove the Michigan current 6% sales tax on goods, the Michigan personal income tax, the Michigan Business Tax, the Business Personal Property Tax, the 6 mill State Education Tax on business, and Sales tax on business purchases. This would all be replaced by a 9.75% sales tax on all goods and services. This sales tax would be paid by all residents of Michigan, including illegal aliens, pimps, gamblers and drug dealers. It would strongly encourage businesses to come to the state of Michigan, since they would be able to build and grow their business in Michigan state tax-free. The Michigan FairTax significantly lowers the cost of goods and services produced in Michigan by removing the cost of business taxes that are hidden in today's prices. Also, a Prebate is provided to all legal households in Michigan so that they have in advance a refund of the tax they would pay on the necessities of life. For more information, please visit http://www.mifairtax.org/
Channel: News
Tags: business fairtax grassroots mbt michigan mifairtax outreach personal sbt tax
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