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Michigan Revenue Expectations Adjusted Downward

Michigan Revenue Expectations Adjusted Downward by $1.8 Billion Due to Tax Law Changes

Michigan leaders have revised their tax revenue projections for the next fiscal year, reducing expectations by $1.8 billion. Tax law changes lead to a $1.8 billion drop in Michigan’s revenue expectations However, they emphasized that the changes resulted from authorized tax relief measures and highlighted the strength of the state’s economy. The impact of the…

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