by Liz Gullett | Oct 11, 2024 | Liz Gullett
Last month, major taxes and net lottery revenue came in at $3.7 billion, an increase of 1.7% from September 2023. Additionally, total collections were $106.1 million more than prior estimates, according to the monthly report by the Senate Fiscal Agency. Key Points:...
by Liz Gullett | Sep 10, 2024 | Liz Gullett
Below are some articles the MLC lobby team has been reading this past week. We hope you find them as interesting and useful as we do. Sobering New Polls for Harris – Recent polling data came as a surprise to those behind the poll. What information can we learn about...
by Liz Gullett | Aug 16, 2024 | Liz Gullett
Total cash collections from major taxes, penalties and interest, and lottery transfers increased last month from the prior year, totaling $2,962.6 million. However, year-to-date, collections for the current year are down 2.4% from the prior fiscal year, according to...
by Liz Gullett | Jul 12, 2024 | Liz Gullett
June 2024 major taxes and net lottery revenue totaled $3.0 billion, which was $100.5 million more than previous projections. This is attributable to greater-than-expected payments from the Michigan Business Tax, and the Flow-Through Entity Tax, among other higher...
by Liz Gullett | Jun 14, 2024 | Liz Gullett
Representative Donni Steele (R-Orion) introduced legislation she believes will help combat the high cost of living residents are experiencing. Key Points: House Bills 5811 – 5814 eliminates the Real Estate Transfer (RET) Tax. Currently, the state taxes $3.75 of every...
