HomeMy WebLinkAboutResolutions - 1994.03.23 - 24190Commissioners Minutes Continued. March 24, 1994
MISCELLANEOUS RESOLUTION #94088
BY: Kevin Miltner, #5
IN RE: BOARD OF COMMISSIONERS, SUPPORT HB 5388 - REPEAL SINGLE BUSINESS TAX ACT
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS the Single Business Tax Act (P.A. 228 of 1975) provides for the
imposition, levy, computation, collection, assessment and enforcement of taxes
on certain commercial, business and financial activities; and
WHEREAS the single business tax is an additive method of value added
taxation which taxes the incremental value of economic activity by adding the
components of production through which the taxpayer adds value to its goods and
services; thus the resources that are utilized by the taxpayer to turn imports
into goods and services are taxed with no regard to the taxpayers financial
position, profitability or ability to pay; and
WHEREAS this form of taxation is a disincentive to business activity and
has consistently been recognized as one of the primary negative aspects of doing
business in Michigan; and
WHEREAS House Bill 5386 has been introduced in the state legislature, and
would repeal the Single Business Tax Act, being sections 208.1 to 208.145 of the
Michigan Compiled Laws, in its entirety.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
hereby supports HB 5388 and encourages the state legislature to adopt same.
BE IT FURTHER RESOLVED that a certified copy of this resolution be
submitted to Oakland County's state legislative delegation and the Governor.
Chairperson, I move the adoption of the foregoing resolution.
Kevin Miltner, District #5,
Dennis N. Powers, Thomas A. Law
The Chairperson referred the resolution to the General Government
Committee. There were no objections.
195