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The lead-in-water crisis in Flint and the bankruptcy in Detroit were separate events that had a common theme: They had been caused in part by fiscal
Sarah Lehr and Carol Thompson Lansing State Journal So goes the adage, attributed to Benjamin Franklin. But 2020 was a year of change and uncertainty. Record numbers of Michiganders filed for unemployment, while others adjusted to working from home offices for the first time. Here's what you need to know about filing income taxes in 2020, when the COVID-19 pandemic disrupted work and the economy. When are income taxes due? The filing deadline for federal and state returns is April 15. City income tax returns are due to Lansing or East Lansing by April 30. Will my unemployment benefits...
Municipal leaders from Battle Creek to Lansing are welcoming a budget plan from Michigan Gov. Gretchen Whitmer that would allocate $70 million to bail out 24 cities hit hard by decreasing income taxes from the pandemic. In Michigan, 24 cities rely on income taxes to comprise 25 to 33 percent of their annual revenue. Some had to lay off workers last year because state law doesn’t allow municipalities to collect local income taxes on unemployment or from employees who worked outside of their jurisdiction. During the pandemic — which drove up unemployment rates to an annual average of 10...
Now, after months of negotiations, congressional leaders are nearing agreement on a second stimulus, as leaders fear the economy, which was bolstered by the CARES Act, is worsening. Michigan’s unemployment rate in November climbed to 6.9 percent from 6.1 percent, the first increase since April, according to figures released Wednesday. Nationally, job growth slowed in November, due in part to coronavirus restrictions on businesses, according to the U.S. Department of Labor. The latest stimulus is a work in progress. Here’s a look at how it may impact Michigan. Cities struggling to survive ...