An explaination. Sort of........Don't let wording confuse PPT (Personal Property Tax) issue

Let's see.
The media likes it.
The financially mismanaged municipalities like it.
Some businesses like it.
Politicians love it.
What could POSSIBLY go wrong?
Don't let wording confuse PPT issue | Crain's Detroit Business:
(Plus this from FREEP:  http://www.freep.com/article/20140608/OPINION01/306080051/michigan-proposal-1)

The (Michigan) Aug. 5 ballot proposal to replace the personal property tax now paid by businesses is widely supported by both business and the communities that benefit from the tax, but it still faces a hurdle to passage:
How it's worded.
The issue, which will be Proposition 1 on the ballot, is written to fit the technical requirements of changing state law.
But the effect is to make the average reader believe that there must be a hidden tax lurking in it somewhere.
Small wonder.
As Lansing correspondent Chris Gautz pointed out in his May 5 Capitol Briefings, the proposal includes the word "tax" or "taxes" eight times and doesn't include the phrase "personal property tax."
We know that legally, certain requirements must be met.
But is there really no way this proposal could have been made clearer?
In fact, what the proposal does is this: 
Eliminate the personal property tax, essentially a local tax on business equipment, and make local governments and school districts whole in lost tax revenue.
The latter objective will be paid for by increased state revenue tied to the expiration of various corporate tax credits, increasing the amount of the state use tax that is sent to local school districts and establishing a special assessment that only manufacturers receiving a PPT reduction pay.
The PPT has been unpopular for a long time.
Businesses don't like it because it's hard to figure out and it's not charged by most nearby states.
Local governments haven't liked it because the assessments are constantly under appeal by businesses.
Getting rid of it was a priority of Gov. Rick Snyder when he took office, but finding a solution took some time because the tax in some Michigan communities is a comparatively large part of the budget.
The current proposal addresses the concerns of both businesses and municipalities and doesn't raise anyone's taxes.
Let's hope the clunky wording doesn't get in the way.