Michigan Expects $9B Budget Surplus, May Cut Income Taxes
CPA Practice
JANUARY 13, 2023
State treasury officials estimate Michigan government will see a $9.2 The projections, which include forecasting from the Senate and House fiscal agencies and Department of Treasury, estimate Michigan will bring in $32.4 Michigan’s fiscal year runs from Oct. By Alyssa Burr, mlive.com (via TNS). decline from revenue in 2021-22.
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