Most Michigan homeowners will soon face bigger property tax bills now that a back-to-back 5% hike is set to hit taxable home values in 2024. And yes, you can blame higher inflation for three years of ...

An effort to eliminate property taxes in Michigan would devastate communities and wreak havoc on the state's economy, according to municipal finance experts. The "AxMITax" campaign seeking a spot on ...

GRAND RAPIDS, Mich. — Michigan property owners are set to take a big hit to their wallets. Property taxes are on the rise this year, more than it has in decades. Property owners can expect to see a ...

When shopping for a home, most buyers focus on the sale price, down payment, and interest rates, but there’s another key cost that can significantly affect your monthly mortgage payment: property ...

Lawmakers have the opportunity to reinvest in local recycling without a new budget line item, without raising taxpayer costs, ...

Defenders of Michigan’s recent tax increases argued additional revenue is necessary to provide much-needed government services. (See “Michigan Legislature Approves Income Tax Hike, New Sales Tax,” ...

The state's new tax system replaces percentage-based sales tax with a flat 20-cent increase, meaning drivers could pay more or less depending on fluctuating gas prices.

The state of Michigan requires you to pay taxes if you’re a resident or nonresident that receives income from a Michigan source. The state income tax rate is 4.25%, and the sales tax rate is 6%.

Same price, different ZIP code could cost you $4,000 more per year in property taxes and add to your mortgage in Michigan. For first-time buyers, property taxes can come as a surprise, especially ...