Dan
02-13-2004, 12:11 PM
http://www.lsj.com/news/capitol/040213_new_money_4a.html
By Stacey Range
Lansing State Journal
Homeowners, smokers, drinkers and the wealthy would shoulder much of the burden in solving the state's $1.3 billion budget shortfall under Gov. Jennifer Granholm's budget proposal for the 2005 fiscal year.
The proposal, unveiled Thursday, includes earlier county tax collections, higher cigarette and liquor taxes, creation of an estate tax and a $9 increase in fees for copies of marriage licenses, death and birth certificates.
The tax and fee increases would bring in $391 million more for the fiscal year that begins Oct. 1. Moving up county tax collections from December will save the state $150 million. Payments would be due no later than Sept. 15.
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Click on link for the rest of the article.
By Stacey Range
Lansing State Journal
Homeowners, smokers, drinkers and the wealthy would shoulder much of the burden in solving the state's $1.3 billion budget shortfall under Gov. Jennifer Granholm's budget proposal for the 2005 fiscal year.
The proposal, unveiled Thursday, includes earlier county tax collections, higher cigarette and liquor taxes, creation of an estate tax and a $9 increase in fees for copies of marriage licenses, death and birth certificates.
The tax and fee increases would bring in $391 million more for the fiscal year that begins Oct. 1. Moving up county tax collections from December will save the state $150 million. Payments would be due no later than Sept. 15.
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Click on link for the rest of the article.