The Michigan Chamber of Commerce today expressed strong reservations about the proposed SOS (Stop Over Spending) amendment to the state constitution due to numerous substantive flaws contained in the overly complicated and poorly-worded proposal.
"For over 25 years, the Michigan Chamber has been a responsible leader in Michigan's tax limitation movement," said Michigan Chamber President & CEO Jim Barrett. "We have fought for meaningful tax relief for working families and job providers and will continue to be a strong advocate for responsible and carefully drafted limits on taxes and spending."
"The SOS proposal submitted to the State Board of Canvassers is not a carefully drafted or well thought out proposal," Barrett added. "In fact, we're concerned that this seriously flawed proposal could give tax limitation a bad name."
"After carefully studying the actual wording of this proposal, the Michigan Chamber's Tax Committee concluded that it is ambiguous, would introduce unfamiliar terms into the state constitution, and lacks clarity," said Rich Studley, Executive Vice President of the Michigan Chamber. "The only thing certain about the SOS proposal is that, if approved, it would result in years and years of costly litigation, creating great uncertainty for both taxpayers and state and local governments."
The Michigan Chamber is a statewide business organization which represents more than 6,900 employers, trade associations and local chambers of commerce. The Michigan Chamber was established in 1959 to be an advocate for Michigan's job providers in the legislative, political and legal process.
SOURCE: Michigan Chamber of Commerce
CONTACT: Rich Studley of Michigan Chamber of Commerce, +1-517-371-2100
Web site: http://www.michamber.com/