Taxes News
Michigan's Q3 2023 individual income tax revenue up 0.7% from previous quarter
The third quarter of 2023 brought in $3.2 billion in individual income tax revenue for Michigan, a 0.7% increase from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
$5.1 billion in sales and gross receipt tax revenue for Michigan in Q3 2023
Michigan collected $5.1 billion in tax and gross receipts, an 8.9% increase from the second quarter of 2023, according to the U.S. Census Bureau