TAX BREAKS: The PEW report issued
Wednesday November 11, 2009 reports that
Michigan's "growing tax exemptions, credits,
and deductions have overtaken state
revenue."
This has been a source of frustration for
Michigan's horse racing industry. The
industry has been a net gain producer for
the state for more than 76 years, yet,
struggles annually with the state to stay
alive. As we all know, we were forced to
fund the ORC from our purse money to save
our 2009 season.
An industry that supports itself with 12,000
family
jobs, millions in economic impact
for the state with no tax breaks. Our
industry sends money to the state and
deserves a serious effort by our Governor
and Legislature to allow the industry to
compete fairly for the gaming dollar and
offer Michigan residents the many new
wagering products other states have made
available for their residents.11/12
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ORC LAYOFFS RESCINDED: Both Chambers
passed the supplemental budget bill funding
the Office of the Racing Commissioner
earlier today. The Governor has signed the
bill, Public Act 140.
THANKS TO EVERYONE THAT TOOK TIME TO
CONTACT THEIR LEGISLATORS DURING THE VERY
DIFFICULT AND CHALLENGING TIME. YOUR ACTIVE
PARTICIPATION MADE THE DIFFERENCE. CONTINUE
TO DEVELOP A RELATIONSHIP WITH YOUR
LEGISLATORS.
WE HAVE A LOT OF WORK TO DO AND INDUSTRY
PARTICIPATION WILL NEED TO CONTINUE!
LET'S GO RACING!!!
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LOCATE YOUR LEGISLATORS:
Contact your Reprsentative:
http://house.michigan.gov/find_a_rep.asp
Contact your Senator:
http://senate.michigan.gov/SenatorInfo/find-your-senator.htm
