HOMEMichigan / Taxation From Wikipedia
Michigan's personal income tax is set to a flat rate of 4.35%. Some cities impose additional income taxes. Michigan's state sales tax is six percent. Property taxes are assessed on the local, not state, level. In 2007, Michigan repealed its Single Business Tax (SBT) and replaced it with a Michigan Business Tax (MBT) in order to stimulate job growth by reducing taxes for seventy percent of the businesses in the state. According to the Bureau of Economic Analysis, recent growth in Michigan is 0.1%. AgricultureA wide variety of commodity crops, fruits, and vegetables are grown in Michigan, making it second only to California among U.S. states in the diversity of its agriculture. Michigan is a leading grower of fruit, including blueberries, cherries, apples, grapes, and peaches. These fruits are mainly grown in West Michigan. Michigan produces wines, beers and a multitude of processed food products. Kellogg's cereal is based out of Battle Creek, Michigan and processes many locally grown foods. Thornapple Valley, Ballpark Franks, Koegel's, and Hebrew National sausage companies are all based in Michigan.
Michigan is home to very fertile land in the Flint/Tri-Cities and "Thumb" areas. Products grown there are corn, sugar beets, navy beans, and soy beans. Sugar beet harvesting usually begins the first of October. It takes the sugar factories about five months to process the 3.7 million tons of sugarbeets into 970 million pounds of pure, white sugar. Michigan's largest sugar refiner, Michigan Sugar Company is the largest east of the Mississippi River and the fourth largest in the nation. Michigan Sugar brand names are Pioneer Sugar and the newly incorporated Big Chief Sugar. Potatoes are grown in Northern Michigan, and corn is dominant in Central Michigan. Michigan State University is dedicated to the study of agriculture.
Adjacent states & provinces
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Last updated: June 26, 2010