tax policy

Michigan House Speaker Kevin Cotter
http://gophouse.org/representatives/central/cotter/

What is ahead for Michigan in 2015? An income tax cut? A sales tax hike? Could elected officials move to repeal the state’s prevailing wage provisions? All are possible. A clearer picture will begin to emerge Wednesday when the 2015 Michigan legislature convenes.

WKAR

On today's show, we heard briefly from Keith Allard of the recently formed group, "Protect MI Taxpayers." Allard is also Chairman of the Grand Rapids Taxpayers Association and a recent unsuccessful candidate for the state legislature. His group is launching a campaign urging voters to defeat the call to increase the state sales tax by a cent. Michigan voters will decide that issue on May 5.

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On August 5th, Michigan voters will head to the polls to select who goes on to represent each party in November’s general election. They’ll also be asked to vote on Proposal 1, which is the first step in what has been a long-fought effort to reform the state’s Personal Property Tax.

Sequestration cuts will be felt locally

Mar 5, 2013
Courtesy of C.A.C.S.

Automatic cuts to the federal budget, known as sequestration, went into effect last week. If the initial round of $85 billion in cuts to the military and domestic discretionary spending are not averted, the cuts will resonate throughout the nation's economy, including in Michigan. 

WKAR file photo

Local governments in Michigan are bracing for more revenue cutting. Last Friday, the state legislature approved a measure that would repeal Michigan’s so-called ‘Personal Property Tax.’ 

WKAR File Photo

A plan to eliminate $600 million in taxes businesses annually pay on computers and equipment is headed to the Republican-controlled House.  

WKAR File Photo

Governor Rick Snyder and Lieutenant Governor Brian Calley want the Legislature to enact a major tax overhaul before its current session ends in two or three weeks. It would phase out Michigan’s tax on business and industrial equipment. 

WKAR file photo

The state House has approved an election year tax reduction. The measures now head to the state Senate.