Michigan 1 Cent Sales Tax Increase Could Go Before Voters
It’s far from a sure thing, but Michigan lawmakers could put the decision to raise the sales tax from 6 to 7% into voters’ hands on the November ballot.
It’s a bit of a maze, but follow along. Reports indicate that Michigan currently collects approximately $1.2 billion in gasoline sales tax. That money currently goes to fund schools and cities. If it were reallocated toward road repair and maintenance, Michigan could forgo a gas tax increase. A sales tax increase of one cent would generate roughly $1.2 billion, and that money could then be earmarked for schools and cities.
Michigan lawmakers could decide on September 4th to put the proposed sales tax increase on the ballot.
Would you vote for it?
A poll published by the Oakland Press in May indicates that 57% of us in Michigan would be in favor of such an increase, while 42% would oppose a sales tax increase.