 personal property taxes revenue guarantees before the senate finance committee hearing representatives from various michigan municipalities urged state senators to protect their revenue sources in the constitution before cutting taxes imposed on commercial and industrial equipment the hearings were being held on a 8 bill package that would phase out the personal property tax for industrial properties and provide an exemption for small commercial properties for the complete article and the issues that face municipalities click on the following story link  http wwwmlivecom politics indexssf 201204 michiganmunicipalitiesurgeshtml 