Last month, the Michigan State Supreme Court affirmed that Michigan voters will get a chance to amend their State Constitution in a way similar to what our “Show-Me State” of Missouri did in 1980. On November 6th, Michigan taxpayers will determine whether it will require a two-thirds vote by their state legislators in order to raise taxes by base or rate in the future. Proposal Five, a measure sponsored by the Michigan Alliance for Prosperity, hopes to help Michigan hold the line on taxes with this “yes” vote.
Source: Forbes. Read full article. (link)