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(The Center Square) – Michigan’s 2025 proposed budget bets that the state won't lose a $700 million lawsuit that could “upend” the budget. The lawsuit challenges the Michigan Department of Treasury’s decision to raise the personal income tax rate back to 4.25% in 2024. The rate was lowered to 4.05% last year triggered by a […]
The post Lawsuit could 'upend' Michigan's 2025 budget prosal appeared first on The Black Chronicle.
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