Proposal One to hit ballot in August - WNEM TV 5

Proposal One to hit ballot in August

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Supporters of the only statewide proposal on the August ballot talked about the issue in Mid-Michigan on Tuesday.

The proposal would benefit a local business if it passes. 

Mike Grossi owns Kremin Incorporated in Saginaw Township. It's a machining source. Grossi said if Proposal One passes, he won't have to pay personal taxes on old machines that he hardly uses anymore.

"We would be able to use these funds that we currently pay on property taxes and buy newer equipment and employ more people," Grossi said.

Supporters said Proposal One is not a tax increase for anyone. They said it is paid for by eliminating special corporate tax breaks and establishing a statewide essential services assessment paid only by manufacturers receiving a personal property tax reduction.

"Our mission is to get out there and educate voters and talk about how this will create jobs and make Michigan more competitive and modernize the tax code and more importantly bring security and funding to local communities," Mike Johnston said.

Grossi said the passage of Proposal One will enable him to stop paying taxes on old machines, which will help the expansion of his business at a new location in Frankenmuth.

"We're excited to use these property tax funds to add more people and more equipment at that location as well," he said.

Voters will address Proposal One on Aug. 5.

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