 ballot proposal 1 good or bad  on the august 5 2014 ballot there will be one statewide proposal to repeal the personal property tax if you have been seeing the spin it would appear to be a great deal for everybody elected democrats and republicans say it will be great for michigan the governor is a big advocate and rep leonard has given it his blessing so why would they try to sneak it on to the ballot in a primary election instead of the general election in november when a larger segment of voters will go to the polls no doubt it will be a boom to businesses and more jobs will be created that rsquo s good for all of us the question is there a downside many feel that there is and will be and no one can accurately predict what the economic impact will be the question becomes what are these new ldquo authorities rdquo that will be created at the local level and what power will the have to capture the revenue they will be losing by the repeal of the personal property tax all i know is the people who are pumping the big bucks into passing the proposal will be the winners will there be losers undoubtedly only time will tell who they are to read more on proposal 1 and who the big promoters are go online at  http wwwmlivecom lansingnews indexssf 201407 michiganproposal1taxpersonhtml utmsource feedburner utmmedium feed utmcampaign feed 3a michiganelections 28michigan elections news 29 