For Immediate Release     
March 30, 2011

Ross Woodstock
Kolt Communications, Inc
517-706-0001/517-410-7636
Ross@Koltpr.com

A record turnout of 800 people is expected to hear Governor Rick Snyder speak at the Lansing Regional Chamber of Commerce (LRCC) Economic Club luncheon which will take place as follows:

Media Note: Large media turnout expected. Please check in at the media table upon arrival.

The Lansing Regional Chamber of Commerce (LRCC) has come out in support of Governor Rick Snyder’s tax reform proposals. Under the Governor’s proposal, the Michigan Business Tax (MBT) would be replaced by a 6 percent corporate income tax on C corporations, a 4.25 percent fixed individual income tax rate, and eliminate several business tax exemptions and credits. Gov. Snyder’s plan also includes a 4 percent  tax on pensions.

“We believe the Governor’s plan is the best opportunity to create a strong competitive business climate which will lead to a long-term and sustainable economic climate in Michigan,” said Kristin Beltzer, senior vice president for Government Relations and Public Affairs.  “We must create an environment that encourages business expansion and unleashes the job-creating power of the private sector in our state.”

Due to exceptionally strong interest in the Governor’s speech, the Economic Club luncheon has been moved to the Lansing Center. Attendees should know that tickets will be required to be admitted.

Gov. Rick Snyder will address the Economic Club about his proposed state budget and tax reform plan submitted to state legislature in February. The plan includes cuts in state spending as well as a restructuring of the state’s tax system.

The Lansing Regional Chamber of Commerce is the largest business organization in the tri-county region, serving a business population of more than 14,000 companies.  LRCC is dedicated to making business in the region more profitable by providing programs that create new customers, enhance member visibility and create a prosperous economic environment.  LRCC members rely on four key areas to help them succeed: Business Advocacy, Business Expansion, Business Savings & Business Exposure.