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Statement From Detroit Regional Chamber Applauds Proposed Personal Property Tax Reform

DETROIT, February 25, 2014: Today, the Detroit Regional Chamber’s Vice President of Economic Development-Business Attraction Maureen Krauss issued the following statement on the proposed Personal Property Tax reforms:

“These reforms will bolster business attraction efforts and are welcomed by corporate decision-makers around the nation. Site selectors have long cited the Personal Property Tax as one of the deterrents for investing here, unfairly putting Michigan businesses and manufacturers at a disadvantage nationwide. The great thing is this legislation balances the need to improve Michigan’s business climate while recognizing and supporting the essential services communities provide.”

About the Detroit Regional Chamber
Serving the business community for more than 100 years, the Detroit Regional Chamber is one of the oldest, largest and most respected chambers of commerce in the country. The Chamber’s mission of powering the economy for Southeast Michigan is carried out through economic development, education reform, regional collaboration and providing valuable benefits to members. For more information, please visit detroitchamber.com.

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