Revenue estimating projects a surplus. Now what to do with it.

In a nutshell: Economic growth is expected to continue at the same slow pace. Revised General Fund and School Aid Fund projections increase state revenues by about $500 million over the next two years; a 1 percent increase. Attention turns to the legislat...

Oops! Congress raised your state taxes. How does the Legislature propose to fix this?

In a nutshell: Federal tax reform removed Michigan’s personal exemption The Legislature wants to restore and increase the exemption Budget concerns could create problems   When President Trump signed the Tax Cut and Jobs Act[1] (TCJA) into law, it ...