A. Tables of SBT Data

November 1, 1987 | Facebook X Email Print Font size:

*Business Income data contains non-sample firms; overestimates Business Income for each category.

**Ratio constrained to be nonnegative, less than one; if denominator is negative, evaluated at 1.0. Ratio is an underestimate of true ratio because of overestimated denominator.

Source: Author's calculations from Michigan Department of Treasury data


TABLE 5

Comparison with Treasury Analysis of Tax Burdens

Industry

Ratio: Tax Liability to Michigan Tax Base

Ratio: Tax Liability to Adjusted Tax Base

Agriculture

0.0120

0.0140

Mining

0.0100

0.0134

Construction

0.0134

0.0146

Other Durable Manufacturers

0.0165

0.0187

Non-Durable Manufacturers

0.0168

0.0207

Primary Metal Industries

0.0167

0.0185

Fabricated Metal Industries

0.0165

0.0182

Machinery- Except Electrical

0.0163

0.0183

Transportation Equipment

0.0112

0.0173

Transportation

0.0115

0.0180

Communication &Utilities

0.0133

0.0224

Wholesale Trade

0.0172

0.0193

Retail Trade

0.0143

0.0160

Finance, Real Estate & Insurance

0.0125

0.0335

Services

0.0127

0.0149

All Industries Sum

0.0139

0.0175

Size Weighted Mean

0.0137

0.0180

Simple Mean

0.0141

0.0185

About Simple Mean Standard Deviation

0.0023

0.0047

Source: Author’s calculations from Michigan Department of the Treasury data.

The Single Business Tax Burden on Michigan Industries

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