Michigan Senate panel votes to chop corporate taxes

Updated, 2:19 p.m., 6/3/21 with additional comments The GOP-led Michigan Senate Finance Committee on Wednesday convened to discuss and vote on various bills seeking to reform the state’s tax system — including rolling back the corporate income tax.  SB 392, introduced by Sen. Jon Bumstead (R-Newaygo), aims to cut the corporate income tax from 6% … Continue reading Michigan Senate panel votes to chop corporate taxes