Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website
Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website
Today, the Small Business Briefing hosted by Sarah Miller, Jacob Manning, and Brian Calley addressed key legislative updates and economic data pertinent to small businesses. The session included discussions on an income tax rollback bill, road funding plans, and recent testimonies concerning overregulation.
Sarah Miller and Jacob Manning discussed House Bill 4170, which proposes reducing the income tax rate from 4.25% to 4.05%. They also covered competing road funding plans from Governor Whitmer and House Republicans. These plans include potential corporate income tax increases and modifications to mega credits.
The briefing provided updates on the Earned Sick Time Act through information from the Department of Labor and Economic Opportunity's FAQ document and a compliance webinar.
In political news, Lieutenant Governor Gilchrist announced his gubernatorial campaign launch while Pete Buttigieg decided not to run for Senate.
Brian Calley concluded with a Data Monday update that offered insights into inflation trends, labor force participation, and unemployment rates.
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