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Monday, March 24, 2025

Taxes News

Taxes

Individual income tax puts $3.1 billion into Michigan's revenue in Q4, 2023

Individual income taxes in Michigan reached $3.1 billion in the fourth quarter of 2023.

By Great Lakes Wire | Mar 18, 2025

Taxes

Michigan sees more property tax revenue in Q3 2024

The third quarter of 2024 brought in $730 million in property tax revenue for Michigan, a 425.2% increase from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

By Great Lakes Wire | Jan 7, 2025

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Michigan sees more individual income tax revenue in Q3 2024

By Great Lakes Wire | Jan 6, 2025

The third quarter of 2024 brought in $3.6 billion in individual income tax revenue for Michigan, an 18.1% increase from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Taxes

Michigan's license tax revenue down 2.6% in Q2 compared to same quarter of the previous year

By Great Lakes Wire | Dec 2, 2024

Michigan collected $573 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Higher individual income tax revenue in Michigan during Q2

By Great Lakes Wire | Dec 1, 2024

The second quarter of 2024 brought in $3.1 billion in individual income tax revenue for Michigan, a 97.6% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan collects $4.5 billion in sales and gross receipt tax revenue in Q4 2023

By Great Lakes Wire | Nov 30, 2024

Michigan collected $4.5 billion in tax and gross receipts, a 12.6% decrease from the third quarter of 2023, according to the U.S. Census Bureau

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Michigan's license tax revenue down 12% in Q2 compared to previous quarter

By Great Lakes Wire | Nov 29, 2024

Michigan collected $573 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's license tax revenue down 0.2% in Q1 compared to same quarter of the previous year

By Great Lakes Wire | Nov 27, 2024

Michigan collected $651 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's license tax revenue up 22.8% in Q1 compared to previous quarter

By Great Lakes Wire | Nov 26, 2024

Michigan collected $651 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan collects $573 million in license tax revenue in Q2

By Great Lakes Wire | Nov 26, 2024

Michigan collected $573 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan collects $651 million in license tax revenue in Q1

By Great Lakes Wire | Nov 22, 2024

Michigan collected $651 million in license taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan collects $139 million in property tax revenue in Q2

By Great Lakes Wire | Nov 21, 2024

Michigan collected $139 million in property taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan collects $84 million in property tax revenue in Q1

By Great Lakes Wire | Nov 20, 2024

Michigan collected $84 million in property taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's sales and gross receipts tax revenue up 43.4% in Q1 compared to previous quarter

By Great Lakes Wire | Nov 18, 2024

Michigan collected $4.5 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's property tax revenues up 15.8% in Q2 compared to same quarter of the previous year

By Great Lakes Wire | Nov 17, 2024

Michigan collected $139 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's combined tax revenues up 0.9% in Q2 compared to same quarter of the previous year

By Great Lakes Wire | Nov 16, 2024

Michigan collected $9.9 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's sales and gross receipts tax revenue up 60.9% in Q1 compared to same quarter of the previous year

By Great Lakes Wire | Nov 15, 2024

Michigan collected $4.5 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's property tax revenues up 9.1% in Q1 compared to same quarter of the previous year

By Great Lakes Wire | Nov 14, 2024

Michigan collected $84 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Michigan's combined tax revenues down 4.1% in Q1 compared to same quarter of the previous year

By Great Lakes Wire | Nov 13, 2024

Michigan collected $7.5 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Higher property tax revenue in Michigan during Q2

By Great Lakes Wire | Oct 14, 2024

The second quarter brought in $139 million in property tax revenue for Michigan, a 65.5% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.