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Oakland Michigan onlinE Form 1040 Schedule E: What You Should Know

I also believe that tax reform is a central issue to addressing the fiscal issues that plague  our state. Therefore, I am proposing that our county assess a county income tax at a rate and for  the purpose set forth in law, which would be consistent with and effective in the manner described in  Section 6 of this article. If passage of this measure were to provide additional revenue to the Board of County Commissioners, it would help pay for a number of critical services. However, any increase in tax revenue would come from the increase in the state sales tax which would be in addition to the current 3% state tax. I believe this measure, which would be revenue neutral, would make the county  provide equitable tax treatment of the various types of investment and capital gains that are allowed in our local community. I also believe that this measure will enhance our tax base, and encourage entrepreneurship and job growth in our region. 1. In 2017, the County Assessor's Office was authorized by the legislature to assess an income tax rate of 4.75% which is higher than the 3.35% income tax rate (which was assessed in 2015) at that time. This is the income tax rate that was assessed in 2015. However, because of changes implemented in 2025 (including a 5% reduction) to take effect this fiscal year, the assessment is now back to the 3.35% rate that was assessed in 2015. 2.

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