corporate income tax

Michigan Treasury Receipts In August Swell By 4.3 Percent From Past Year

Michigan Treasury Receipts In August Swell By 4.3 Percent From Past Year

LANSING - Michigan's major taxes, including Lottery revenues, netted nearly $2 billion in August, a 4.3 percent increase over what the state collected in August 2016, according to figures released Wednesday by the Senate Fiscal Agency. The increase came despite a big drop in income tax collections in August compared to the same month the

By Mike Brennan|2017-09-14T20:47:32-04:00September 14th, 2017|Politics|

Study Shows Substantial Increase In State Tax Payments By Small Businesses

Study Shows Substantial Increase In State Tax Payments By Small Businesses

LANSING - A new report released today by Anderson Economic Group shows that owners of small businesses and other so-called pass through entities paid $702 million in income taxes on their profits in 2014, compared to $464 million in 2011 – a 51 percent increase. “This highly credible study by Anderson Economic Group (which has

By Michael Rogers|2016-06-07T14:11:09-04:00June 7th, 2016|Entrepreneurs, Small Business Association of Michigan|