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(The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...
The rollback was already factored into this year’s budget, and the millage rate went down from 53.9 for the 2023 budget to 51.7 for the 2024 budget.
The legislation would also increase the gas tax in Michigan by 19 cents. Michigan already has some of the highest vehicle registration costs and gas taxes in the country, currently coming in at 30 ...
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Michigan residents pay higher property taxes compared to those living in most other states. The Tax Foundation found Michigan residents paid the 14th highest property taxes in 2021, the year with ...
The 10th district is based primarily in southeastern Michigan's Macomb County, taking in Warren and Sterling Heights, as well as a small portion of eastern Oakland County. The incumbent is Republican John James , who was elected with 48.8% of the vote in 2022. [ 2 ]
Congress’s Joint Committee on Taxation says full repeal would cost the Treasury $89 billion in foregone revenue per year. That’s a lot. Biden’s plan to raise the corporate tax rate from 21% ...