<span style="font-size: larger;">On the August 5, 2014 ballot there will be one statewide proposal to repeal the Personal Property Tax.</span><br />
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<span style="font-size: larger;">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.</span><br />
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<span style="font-size: larger;">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?</span><br />
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<span style="font-size: larger;">No doubt it will be a boom to businesses and more jobs will be created. That&rsquo;s good for all of us. </span><br />
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<span style="font-size: larger;">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.</span><br />
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<span style="font-size: larger;">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&nbsp; they will be losing by the repeal of the Personal Property Tax.</span><br />
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<span style="font-size: larger;">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.</span><br />
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<span style="font-size: larger;">&nbsp;&nbsp; To read more on Proposal 1 and who the big promoters are go online at:</span><br />
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