Michigan gubernatorial candidate plans to cut taxes to promote alternative fuels

Dick DeVos, the Michigan Republican gubernatorial candidate, wants to position Michigan to become a national leader in ethanol production. In order to achieve this lofty goal, he wants to reduce taxes farmers pay on land and equipment and plans to build an infrastructure to make alternative fuels available to drivers. DeVos, who is in a close race with current Michigan Governor Jennifer Granholm, wants to cut property taxes on farmland as well as taxes on farm machinery. While DeVos has plans to promote alternative fuels if he gets elected, Gov. Granholm has already signed in to law bills that will promote the use of alternative fuels, through tax cuts for ethanol and biodiesel blends, grants for gas station owners who want to sell E85, and tax-free zones in some counties to encourage construction of four new ethanol production plants. Of course, the Republican challenger believes the current administration is working too slowly in granting ethanol production permits.

[Source: Detroit Free Press]