Tuesday, May 21, 2013

Flint emergency manager wants to hike city income taxes

Flint emergency manager wants to hike city income taxes | MLive.com:
"Emergency manager Ed Kurtz told MLive-Flint Journal on Monday, May 20, that a 0.5 percent income tax increase to Flint residents and a 0.25 percent increase to workers living outside the city would generate $7 million in revenue annually.
The current rate is 1 percent for Flint residents and .05 percent for those living outside the city.
....."The city faces a $19.1 million combined deficit from 2012.

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