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Michigan
By the Numbers

Michigan Below is a snapshot of key features of Michigan's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $55.5 billion
  • General Revenue as a Share of Income: 16.5%
  • Tax Revenue: $35.7 billion
  • Tax Revenue as Share of income: 10.6%
  • Personal Income Tax (Share of Tax Revenue): 16.4% (36 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 1.9 % ( 38 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 36.5 % ( 20 out of 51)
  • Property Tax (Share of Tax Revenue): 40.3 % ( 11 out of 51)
  • Other Taxes (Share of Tax Revenue): 2.4 % (47 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 4.32%
  • Standard Deduction: None
  • Personal Exemption: $3,800
  • Dependent Exemption: $3,800
  • Earned Income Tax Credit (EITC): 6% Refundable
  • Flat income tax rate structure
  • Significant tax break for retirement income depending on age
  • Significant tax break for retirement income depending on age
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 6.00%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
Sales Tax Features (2012)
  • State Sales Tax Rate: 6.00%
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: 6.00%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: N/A
  • Number of Services Taxed: 26 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • Vendor Compensation available with high ceiling
  • State sales tax applies to gasoline
Property Tax Features (2012)
  • Provides a circuit breaker for homeowners and renters of all ages
  • Taxable value increases capped at lesser of 5% or inflation.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.395
  • Diesel Tax Rate (per gallon): $0.387
  • Cigarette Tax Rate (per pack): $2.00
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $218 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated October 4, 2012

Sources & Glossary