taxes

wikimedia commons

Local governments: Tax Day study shows state not paying fair share

Local officials say not enough of the revenue Michigan takes in around Tax Day goes to cities, towns, and counties.

The nonpartisan Citizens Research Council released a study Tuesday that shows state revenue grew by more than $1 billion between 2009 and 2012. At the same time, local government revenue dropped by about the same amount.

Tax Credits / Foter.com / CC BY

The Ypsilanti Community Schools Board of Education Monday night approved collecting school taxes in the summer rather than in the winter. 

Board President David Bates says summer tax collection is nothing new for district residents. The Ypsilanti and Willow Run districts had been collecting taxes in the summer prior to the consolidation.

Bates says summer tax collection means the district has to borrow less from the state while awaiting state aid payments, which in turn saves taxpayers money because the district is paying less in interest on money borrowed.

Starting in 2016 Ann Arbor's Downtown Development Authority will have new limitations on the tax increment financing revenue they can capture. After nearly a year of discussions Ann Arbor City Council has given final approval to an ordinance amendment that limits the tax increment financing revenue the Downtown Development Authority can collect.  Last night, City Council voted 9 -  2 in favor of the change. 

WEMU's Andrew Cluley has more:
 

A light ballot in Washtenaw County on Tuesday day means relatively quick results. The results, keep in mind, are unofficial until certified by the Board of Canvassers.

Voters in Dexter Village have opted to continue moving forward with the process of becoming a city. The measure passed on a vote of 460-to-408. The next step will be the election of a nine-member charter commission. Once a draft charter is adopted and passed by the state, incorporation into city-hood will go before a vote of the people.

National Consumer Law Center says poor and elderly

Americans are victimized by property tax lein forclosures.

New poll shows Michigan voters are willing to pay higher taxes for transportation.

No More Tax Dodging!

Apr 24, 2012

Business for Shared Prosperity

Tax haven abuse is costing small businesses and ordinary taxpayers billions of dollars. Lynn's guests this week are Joseph Rotella, the owner of the Spencer Organ Company in Waltham, Massachusetts and Scott Klinger, the Director of Tax Policy at Business for Shared Prosperity.