Tax

Most of us know what tomorrow is, Tax Day. A website which concentrates on economic issues called WalletHub released its latest report of the U.S. tax landscape.  It is an in-depth look at the states with 2015’s Best & Worst Taxpayer Return on Investment. ...

Should Michigan have a graduated State Income Tax Rate?

Yesterday, the Detroit Free Press had an opinion piece by a guest writer, State Rep. Jim Townsend, who serves as the Democratic chairman of the House Tax Policy Committee and represents the 26th District (Royal Oak, Madison Heights). Townsend is calling for a graduated state income tax rate instead of the current flat state income tax rate...

If you die and pass your assets to your children, is it fair for the government to take up to 40 percent of your children's inheritance? (And now President Obama wants to raise it up to 60 percent.) Please take my poll and let me know your thoughts...

According to a recent article in the Detroit Free Press, your state of Michigan politicians are  spending $1.1 million a year of our taxpayer dollars to lease 23 passenger rail cars it can't use — and it looks like will not use — for the foreseeable future...