July 2, 2015

Iron Mountain Daily News: Meanwhile, in Minnesota

media mention

Hey, Michigan, look over here.

Look west.

OK, that’s Ironwood, which is still in Michigan.

A little further.

 There you go.

Hi. Minnesota’s the name.

So you’ve got some state budget issues and you want to increase the gasoline tax.

In Michigan, families earning from $17,000 to $34,000 pay 9.4 percent of that income in state and local taxes. With a gas tax increase, that’s likely to go higher. Michigan families earning more than $392,000 pay 5.1 percent of that income towards state and local taxes, according to the Institute on Taxation & Economic Policy.

Read more