Saturday, March 28, 2015

Ain't gonna be cheap----Proposal 1 Will Cost Average Michigan Household Up to $525 a Year in Extra Taxes

Proposal 1 Will Cost Average Michigan Household Up to $525 a Year in Extra Taxes [Michigan Capitol Confidential]:
"The average household in Michigan will pay as much as $525 more in taxes in 2016 if Proposal 1 is approved by voters on May 5, according to a study by the Mackinac Center for Public Policy.
The study estimated that increasing the sales tax from 6 percent to 7 percent would cost a typical Michigan household $389 and the change in the fuel tax would cost between $88 and $136.

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