Mich. considers small-business tax cut
The state legislature and Gov. Jennifer Granholm hammered out an agreement last week that would provide for more than $3 billion in funds for job creation and a cut in the small-business tax. The bills would cut the tax by 0.05 percent starting in 2009. By cutting the small-business tax, employers can create more jobs statewide and help the economy, said Ari Adler, spokesman for Senate Majority Leader Ken Sikkema, R-Wyoming. "One of the things we need to do in Michigan is become more competitive with our taxes," he said.