property tax

Stephanie Leiser discusses the importance of property taxes for personal financial decision-making and implications for policy. "Most economists agree that property taxes are the best tax base for local governments. Compared to other types of taxes,...

ANN ARBOR—About two-thirds of local governments in Michigan rate the levels of fiscal stress as relatively low in their jurisdictions today, while just 7 percent rate the stress as high. While the latter percentage is low, the figure represents...