flickr user: conor lawless /

Legalizing recreational marijuana would net half a billion dollars in new state tax revenue over its first five years. That's according to a new study.

Flickr User 401(K) 2012 /

Michigan is implementing changes this fall to ensure sales tax is collected from online retailers. Beginning October first, out of state sellers will have to charge sales tax

flickr user: ERvin Strauhmanis /

There could be a conflict between the new federal tax law and the Michigan Constitution.

flickr user: Joe Gratz /

The state Legislature went over the governor’s head Wednesday. It approved a veto override – something that hasn’t happened in Michigan since 2002.

flickr user: GotCredit /

The state treasurer says caution should be the watchword as the Legislature develops plans to deal with a glitch in the federal tax overhaul. If they don’t that glitch could cost Michigan taxpayers more in state income taxes.