PRESS RELEASE
April 19, 2011
The Michigan Chamber today announced its opposition to a proposed 16 percent
increase in the tax the city of Detroit imposes on Detroit casinos.
"Detroit's three casino operators have made a substantial financial commitment
to the city, investing millions of dollars in first-class facilities and
creating thousands of good jobs for hard-working city residents," said Rich
Studley, President & CEO of the Michigan Chamber of Commerce. "Now is not the
time to impose a multi-million dollar tax penalty on these critically important
job providers."
"The city of Detroit has one of the heaviest tax burdens in Michigan," noted
Studley. "It also has one of the highest unemployment rates in Michigan and has
suffered a dramatic loss in population over the past decade. These three facts
are not unrelated."
"Detroit is still Michigan's largest city and we hope it will return to
greatness. Instead of raising city taxes, Mayor Bing and the City Council need
to take action to substantially reduce spending, overhaul unsustainable employee
benefit and pension plans, and streamline burdensome regulations. In the
meantime, we strongly urge the Michigan Legislature to reject the proposed
job-killing tax increase on Detroit casinos," Studley concluded.
The Michigan Chamber of Commerce is a statewide business organization
representing approximately 6,800 employers, trade associations and local
chambers of commerce. The Michigan Chamber represents businesses of every size
and type in all 83 counties of the state. The Chamber was established in 1959 to
be an advocate for Michigan's job providers in the legislative, political and
legal process. It is one of only four state chambers of commerce in the nation
accredited by the U.S. Chamber of Commerce.
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