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Increase state income tax government pension exemption
Impose Michigan Business Tax surcharge and repeal service tax
Impose new 6 percent tax on many services
Increase income tax from 3.9 percent to 4.35 percent (as passed)
Revise “deferred assets” taxation under new state business tax
Revise “deferred assets” taxation under new state business tax
Borrow to pay for current spending
FY 2008 Executive Budget “Revenue Enhancements”
FY 2008 Executive Budget “Revenue Enhancements”
FY 2008 Executive Budget “Revenue Enhancements”
