Lawmakers debate Detroit property tax plan

  • by:
  • Source: Axios
  • 10/11/2023

Mayor Mike Duggan's plan to slash Detroit homeowners' taxes is off to a rocky start in Lansing.

Why it matters: Duggan's timeline to implement the plan by 2025 is predicated on state lawmakers' approval by mid-November.

Driving the news: Without sufficient Democratic support, the state House pulled the plan from its voting agenda last week, per the Detroit News.

  • A vote in the House is expected as soon as Wednesday.

Catch up fast: Duggan announced the land value tax plan as a solution to two of the city's persistent problems — property tax rates among the nation's highest and widespread, decades-long land speculation.

Property by Tierra Mallorca is licensed under Unsplash unsplash.com

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