Facts for Tax Day in Michigan
Today is April 15, the last day to file your 2009 tax return. Protests are happening around the state alleging rampant growth of government, overtaxation and overregulation.
Here are some facts about taxes in Michigan.
As of fiscal 2009, the State of Michigan received $23.3 billion in revenue from state taxes.
- This is equivalent to 13.7 percent of all wages and salaries in Michigan
- This equals $6,024 in taxes per payroll job
In addition to federal taxes, Michigan residents also pay taxes to local governments, largely through property taxes. In fiscal 2007, the most recent year for which the relevant U.S. Census Bureau statistics are available, Michigan governments received $37.1 billion in state and local tax revenue.
- This was equivalent to 19.8 percent of wages and salaries in 2007
- This equals $8,691 taxes per job in 2007
A comparison to other state and local tax burdens is available.
Michigan has recently been a national leader in tax hikes. Since 2002, the State of Michigan increased tobacco taxes, income taxes and business taxes. Only two other states, Maryland and New York, have increased all three of these taxes since 2002.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.