What if Michigan ultimately raises taxes? Who might get nicked?
11 things every Michigan taxpayer should know
Comparatively, Michigan's tax burden is low - and getting lower.
Look around: YOUR taxes could be much higher.
Michigan gives more tax breaks than it collects for schools/gov't.
The definition of "Anti-tax conservative" has changed
Why might taxes seem high to YOU?
The motivation for a state income tax cut.
What might YOU get out of an income tax cut?
Snyder is a Republican. Why his experts want to spend more.
Can we cut taxes and spend more on education/infrastructure?
Gov. Snyder's infrastructure committee suggested how the state could raise the $4 billion needed annually to pay for the upgrades. Options ranged from increasing sales, income and property taxes, to higher cell phone bills and a toll road (U.S. 23) running the length of the state.
Above are the biggest ticket items. SEE SLIDESHOW ABOVE
Though Snyder’s education commission didn’t suggest ways to raise the $2 billion more it recommends annually, Bridge estimated it would require hikes in sales, income and property taxes that could cost the average family hundreds if not thousands more a year.
NEXT: So, what will happen with your taxes over the long term?
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus.
- About Business Watch
- Subscribe
- Share tips and questions with Bridge Business Editor Paula Gardner
Thanks to our Business Watch sponsors.
Support Bridge's nonprofit civic journalism. Donate today.
See what new members are saying about why they donated to Bridge Michigan:
- “In order for this information to be accurate and unbiased it must be underwritten by its readers, not by special interests.” - Larry S.
- “Not many other media sources report on the topics Bridge does.” - Susan B.
- “Your journalism is outstanding and rare these days.” - Mark S.
If you want to ensure the future of nonpartisan, nonprofit Michigan journalism, please become a member today. You, too, will be asked why you donated and maybe we'll feature your quote next time!