Proposal 5 is a constitutional amendment to require supermajorities of members of each legislative chamber to approve state tax increases or seek approval from the voters. Tax increases would require the votes of at least 25 members of the 38-member Senate and 73 members of the 110-member House of Representatives. If a tax matter went to […]
Headlee Amendment
Posted inTalent & Education
Is the state retreating from public education?
In coming weeks, the Michigan Legislature will finish work on Michigan’s fiscal 2013 budget — including funding out of the state’s School Aid Fund to local public schools. In today’s 42North debate, Glenn Nelson and Brit Satchwell of Ann Arbor argue that Gov. Rick Snyder’s 2013 (and 2014) budget plans continue a harmful policy of […]
Posted inBusiness Watch
'Shadow Tax Cut' deepens local budget crises
A $900 million cut in property tax revenues since 2007, the “Shadow Tax Cut,” has devastated the budgets of local governments that heavily rely on these taxes to provide police and fire protection — and a host of other services. They’ve laid off hundreds of firefighters, police officers and other employees; cut pay and benefits; […]