TITLE

County Loses More State Tax Revenue

AUTHOR(S)
Czurak, David
PUB. DATE
August 2007
SOURCE
Grand Rapids Business Journal;8/6/2007, Vol. 25 Issue 33, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the local government of Kent County, Michigan will lose its share in the state revenue for 2007 following the implementation of a resolution governing the elimination of state tax revenue from the intergovernmental budget of Michigan. Lawmakers will not distribute tax receipts to the state's counties. Half of the revenue from liquor-excise tax will be kept by Kent county and the other half will be given to network 180 to support substance abuse programs.
ACCESSION #
26134824

 

Related Articles

  • Gainers & Big Dippers.  // Grand Rapids Business Journal;3/12/2007, Vol. 25 Issue 11, p7 

    The article reports on a decrease in tax revenue collections in Grand Rapids, Michigan in the first quarter of 2007. The total state tax receipts for the first quarter reached $5.39 billion. Some taxes which result to revenue gains for the state are state income tax, industrial and commercial...

  • Removal of Cenvat will give boom to the powerloom industry -- TAI President. Mathivanan, Cavalier M. S. // Textile Magazine;Jul2004, Vol. 45 Issue 9, p83 

    This article discusses the benefits from the changes made to the excise duty system for the textile industry in India. Due to the imposition of compulsory excise duty for the handlooms and powerlooms, the industry has become paralyzed as the unorganized and decentralized sector could not go...

  • STATE AND CONDITIONS OF EXCISE TAXATION. Khlebnikova, I. I. // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;Apr2010, Vol. 106 Issue 4, p228 

    The article analyzes the state of excise taxation in Ukraine. Role of excise duty in performance of the fiscal function by the tax system is determined. Propositions for further development of the excise taxation system are carried out.

  • Comments on “Adverse Implications of a Securities Transactions Excise Tax” by Joseph A. Grundfest and John B. Shoven. Scholz, John Karl // Journal of Accounting, Auditing & Finance;Fall91, Vol. 6 Issue 4, p443 

    This article identifies and discusses the potential beneficial effects of a securities transactions excise tax (STET). The first potential benefit is that a STET would raise a substantial amount of tax revenue. The importance of a new revenue source should be clear. Many in the U.S. are...

  • Excise Tax Recommendations.  // Public Management (00333611);Dec2006, Vol. 88 Issue 11, p30 

    The article discusses several recommendations on the use of excise tax in the U.S. These recommendations are intended for local administration of benefits-based excise tax such as levies on utility gross receipts tax, hotel and motel occupancy tax, and local option motor fuels taxes. It is also...

  • Lawmakers & Industry Execs Renew Calls for Device Tax Repeal.  // Medical Product Outsourcing;Sep2013, Vol. 11 Issue 7, p22 

    The article reports that three medtech industry executive from Indiana, Ohio and Pennsylvania examined how the medical device excise tax is affecting their home states. It states that according to the U.S. senator for Indiana, Dan Coats', the tax is punishing Indiana workers and stifling...

  • IRC Section 4958, Taxes on Excess Benefit Transactions.  // How to Form a Nonprofit Corporation (9781413313871);May2012, pF20 

    The article presents a code section summary relative to the Internal Revenue Code (IRC) 4958 about taxes on excess benefit transactions in the U.S. It highlights the initial taxes to be paid by the disqualified person which is equal to 25 percent of the excess benefit. In addition, the tax...

  • Applying Agreed-Upon Procedures: Airport and Airway Trust Fund Excise Taxes. Sebastian, Steven J. // GAO Reports;11/ 2/2007, p1 

    The article presents the procedures and the outcomes of the airport and airway trust fund (AATF) excise tax in the fiscal year 2007, as presented by the U.S. Government Accountability Office (GAO). Accordingly, several procedures are presented including the Internal Revenue Service's (IRS)...

  • Should the Present Tax on Automobiles Be Retained? Pro. Mellon, Andrew W. // Congressional Digest;Jan1928, Vol. 7 Issue 1, p20 

    Argues for the retention of taxes levied on automobiles in the U.S. in 1927. Pressure on the Congress to repeal the excise tax on the sale of automobiles; Need for automobile owners to contribute to government spending on major road constructions which are for the benefit of automobile drivers;...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics