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The Effect of the Michigan 15 Mill Tax Limitation on Forest Property and Communities

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Forest land owners, by combining with other tax payers to limit the rate of taxation under the general property tax, reduced their taxes in Michigan $4,614,561, or 47 per cent annually, with the prospects as old bond issues are liquidated of reducing the burden 61 per cent. This is the first legislation to bring about immediate and substantial tax savings to all forest land owners.
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Document Type: Journal Article

Affiliations: Michigan State College

Publication date: 01 January 1936

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