Friday, September 26, 2008

GOP wants to drop Mich. biz taxes, cap film credit

By DAVID EGGERT | The Associated Press | September 25, 2008

LANSING, Mich. (AP) — A Republican-controlled Senate committee on Thursday voted to phase out a surcharge on Michigan business taxes over three years and to cap new tax breaks used to attract moviemakers to the state.

Democratic Gov. Jennifer Granholm immediately opposed any effort to rein in the film incentives.

"Let's give film a chance," spokesman Liz Boyd said.

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