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Hirten: Business tax cut may not spark jobs
Lansing State Journal
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Lansing, Mich.
| Author: |
Mickey Hirten |
| Date: |
Mar 20, 2011 |
| Start Page: |
n/a |
| Section: |
COLUMNISTS |
| Text Word Count: |
519 |
Abstract (Document Summary)
Here is the question and answers the Small Business Association received from 431 members: "If Gov. Snyder's 6% Corporate Income Tax Plan becomes law, and your small business no longer pays businesses taxes, will your company" * Add employees (48 percent) * Expand your business (52 percent) * Buy new equipment (51 percent) * Raise wages and benefits for your current employees (50 percent) * Realize the profits (50 percent) So even with very favorable tax cuts, 52 percent of small businesses plan no additional employees.
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