Wednesday, March 04, 2020

Whitmer signs tax break for poor Detroiters into law

Whitmer signs tax break for poor Detroiters into law
"Michigan Gov. Gretchen Whitmer signed legislation Monday morning that will wipe away much of the delinquent tax debt for thousands of low-income Detroit homeowners who qualify, calling it "crucial step" to helping people out of poverty.
Participants in "Pay as You Stay" will get their interest and fees eliminated.
And the remainder of their debt would be capped at 10% of their home's taxable value under the new law..."
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