House Bill 4781Primary Sponsor:
Yousef Rabhi (D)
Status: Assigned To Committee
House Bill 4781 is a tax hike on Michigan’s small businesses that create thousands of jobs. This plan includes a 2.5 percent corporate income tax hike and a flow-through parity tax of 4.25 percent. Higher taxes on Michigan’s small businesses cause reductions in employee benefits, such as healthcare, kill the jobs we all depend on and also cause higher prices for consumers who buy the services and products supplied by the business.
Referred to Committee on Tax Policy