Detroit City Wire

The Detroit Regional Chamber has responded to the passage of Michigan's fiscal year 2025-26 state budget, highlighting its effects on the business community. The Chamber, along with the Grand Rapids Chamber, Michigan Chamber of Commerce, Michigan Manufacturers Association, and the Small Business Association of Michigan, voiced significant concern over a recent policy decision in the budget.

In a joint statement, these organizations expressed their disappointment regarding the state's move to "decouple" from federal tax reforms. They also criticized the imposition of what they describe as a $2 billion tax increase on businesses operating in Michigan.

The coalition's statement reads: “In addition to the statement above, the Chamber joined the Grand Rapids Chamber, Michigan Chamber of Commerce, Michigan Manufacturers Association, and the Small Business Association of Michigan in expressing deep disappointment and concern with the decision to ‘decouple’ from federal tax reforms and imposing a $2 billion tax increase on Michigan businesses.”

The state budget was passed during an overnight session on October 3.