Residents are expected to vote on a proposed public transit tax to raise nearly $4.4 million in annual funding to implement a five-year transit improvement plan.
The business tax cuts were enacted by Gov. Rick Snyder and legislators at the end of 2012 but will be halted if a statewide vote fails in August.
Taxpayers could save $371 million in the next budget year and $873 million the year the reduction is fully phased in.
Tax scams can take many forms, with perpetrators posing as the IRS in everything from e-mail refund schemes to phone impersonators.
Anticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year.
Michigan’s $2-per-pack cigarette tax, 11th-highest in the country, has made the state a target for smuggling, which hurts tax revenues.
A new tax break is officially on the books in Michigan.
Buying a new car? You might want to wait until Dec. 15.
The State Treasury Department will provide a worksheet on its website that can be used to recalculate income for Michigan taxes.
Some lawmakers see the legislation as a tax increase, while others say it is a federal issue.