Tax

A new lawsuit filed in the Michigan Court of Claims is trying to make this year’s surplus-driven income tax cut permanent. At issue is the reading of a 2015 law lowering taxes when state revenue outpaces inflation by a certain amount.

New revenue forecasts out today show Michigan’s recent slew of tax changes could cost the state billions over the next few years.

The state will officially close the books on the last fiscal year this week.

A family in Leelanau County can claim property tax exemptions in both Utah and Michigan, according to a recent ruling from the Michigan Supreme Court.

The Michigan Senate adopted a tax proposal today along party lines and amidst arguments over who most deserves a break.

This week, U.S. Representative Peter Meijer addressed skyrocketing inflation from the House floor.

Governor Gretchen Whitmer is proposing giving a $500 tax rebate to what she describes as "Michigan's working families."

Michigan House lawmakers approved a 1.5 billion dollar spending bill today.

Governor Gretchen Whitmer said on Wednesday that she is opposed to a two-and-a-half-billion-dollar tax cut plan adopted this week by the state Senate.

A new report says Michigan brought in more money over the last fiscal year than previously expected.