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The Warren Sun

Friday, November 22, 2024

Taxes News

Taxes

The new Macomb County residents who came from the same state in 2019

13,705 people from across the state moved to Macomb County during 2019, an increase over the previous year, according to the Internal Revenue Service.

By The Warren Sun | Apr 12, 2023

Taxes

The new Macomb County residents who came from across the U.S. in 2019

3,686 people from across the country moved to Macomb County during 2019, an increase over the previous year, according to the Internal Revenue Service.

By The Warren Sun | Apr 12, 2023

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New Macomb County residents in 2019

By The Warren Sun | Apr 12, 2023

17,423 people moved to Macomb County during 2019, an increase over the previous year, according to the Internal Revenue Service.

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Taxes

The Mackinac Center says that lawmakers could afford to decrease state income tax rates

By James Ledbetter | Jan 6, 2021

Michigan lawmakers passed a "temporary" income tax hike in 2007 that is still in effect, and many feel like the growing economy warrants a decrease in income tax rates, according to James Hohman of the Mackinac Center for Public Policy.

From Great Lakes Wire

Top marginal tax rate in Michigan could reach 53.59% under Biden plan

By Metric Media News Service | 4 years ago

Under Democratic presidential candidate Joe Biden’s federal tax plan, the top marginal tax rate in Michigan could hit 53.59%, according to a new analysis by the Tax Foundation.

From Great Lakes Wire

Michigan Gov. Gretchen Whitmer gets ‘F’ grade for fiscal management

By Metric Media News Service | 4 years ago

Democratic Gov. Gretchen Whitmer received a grade of “F” from the Washington-based CATO Institute for her tax and spending policies since 2018, according to a ranking of governors that comes out every two years.

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MacDonald supports measures to remedy Michigan's budget deficit

By Carrie Bradon | Jul 31, 2020

Sen. Michael MacDonald (R- Macomb Township) has given his support to a resolution measure for the 2020 fiscal year’s budget deficit, the MiSenateGOP website reported.

From Great Lakes Wire

IRS audit rate for Wayne County residents is highest in Michigan

By Michael Carroll | 5 years ago

Wayne County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Michigan, according to an analysis by the website 24/7 Wall St.

From Great Lakes Wire

Michigan depends on property taxes for 34.6% of its state, local funds

By Michael Carroll | 5 years ago

Michigan relies on property taxes for 34.6 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

From Great Lakes Wire

Lake ranks the poorest of Michigan counties

By Michael Carroll | 5 years ago

Lake County was ranked the most impoverished county in Michigan in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.

From Great Lakes Wire

Michigan places tax of 20 cents per gallon on beer

By Michael Carroll | 5 years ago

State taxation on beer in Michigan amounts to 20 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

From Great Lakes Wire

Michigan collects 51 cents per gallon in wine taxes

By Michael Carroll | 5 years ago

The wine excise tax in Michigan amounts to 51 cents per gallon, according to a Tax Foundation study based on January 2019 data.

From Great Lakes Wire

Michigan ranked ‘not tax-friendly’ in new Kiplinger tax guide

By Michael Carroll | 5 years ago

The overall tax system in Michigan was dubbed “not tax-friendly” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.

From Great Lakes Wire

Michigan receives ‘D’ grade on national ranking of states’ fiscal health

By Michael Carroll | 5 years ago

Michigan would need $55 billion to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).