Developer Claims: Tax Revenue

Tax Revenue: Wind developers have attempted to sell this project to the citizens by promising millions in new tax revenue.  Considering the fact that the wind developers will receive millions in tax credits from the so-called federal “Stimulus” bill, it appears that the developers are doing nothing more than giving the citizens back a portion of the taxes they have already paid.

Furthermore, the tax revenue promised by the wind developers is in serious jeopardy as a result of Michigan Senate Bill 34, which seeks to repeal the personal property provisions of Michigan’s General Tax Act.  If enacted, Senate Bill 34 would eliminate the main source of tax revenue generated by industrial wind turbines.  Notably, Ohio has already enacted laws excluding wind turbines and other “green energy” materials from personal and real property taxes.

MI Senate Bill 0034

MI Senate Bill 0034 Analysis