by Liz Gullett | Apr 14, 2023 | Liz Gullett
In a potential sign of a slowing economy, March revenue numbers came in below the prior year and less than previous projections. Major taxes and net lottery revenue was $2.1 billion for March 2023, down 21.5% from the prior year and $104.5 million below Senate Fiscal...
by curtis@digitalliance.com | Apr 3, 2023 | Liz Gullett
Driven by low unemployment, strong business growth, and an overall strong economy, Michigan’s income tax rate will decrease to its lowest level since 2007. Michigan’s larger nonprofits are eligible for grant funding through the Department of Labor and Economic...
by curtis@digitalliance.com | Apr 1, 2023 | Liz Gullett
Driven by low unemployment, strong business growth, and an overall strong economy, Michigan’s income tax rate will decrease to its lowest level since 2007. In 2015, Michigan enacted a law requiring a temporary reduction of the state income tax if the general fund...
