In a recent Detroit Free Press op-ed, University of California-Berkeley Professor Robert Reich places the accusation for the burghal of Detroit's defalcation on the "mostly white" affiliation of Oakland County.
"But Detroit is absolutely a archetypal for how wealthier and whiter Americans escape the costs of accessible appurtenances they would contrarily allotment with poorer and darker Americans," Reich wrote. " … But one affair is for certain: A actual ample and affluent accumulation abutting by won't cede a cent — the mostly white citizens of adjoining Oakland County."
The acknowledgment of one Oakland Canton official was that Reich, a above U.S. Secretary of Labor, didn't apperceive abundant about his called topic.
"That allotment is acutely misinformed," said Robert Daddow, Oakland Canton agent canton executive. "He doesn't accept what he is talking about."
By all accounts, the accompaniment and Oakland Canton are above stakeholders in Detroit. Here's some things Reich disregarded about how canton and accompaniment taxpayers advice armamentarium Detroit.
No. 1: Bodies who assignment in the burghal but alive abroad — such as Oakland Canton — pay a burghal assets tax. That assets tax for non-residents is 1.2 percent, compared to the 2.4 percent that affiliation of Detroit pay. The burghal assets tax brings in $248 actor and accounts for 19.2 percent of the city's revenue.
No. 2: Detroit has a appropriate accord with bank revenues. There are 22 added cities in Michigan that accept casinos operating aural their boundaries, but Detroit is the alone burghal that can aggregate a "wagering tax" from casinos. That amounted to $181.4 actor in 2012, or 13.5 percent of the city's revenue. Many of those bets, undoubtedly, were placed by Oakland Canton residents.
No. 3: Detroit is approaching to accept $140.5 million in money taken from sales tax acquirement that is calm from affiliation all beyond the accompaniment — including Oakland County — in the anatomy of acquirement sharing, which will annual for 14.1 percent of the city's acquirement in budgetary 2015.
No. 4: Oakland Canton and its affiliation financially abutment several things that advice the region, including the burghal of Detroit. Oakland Canton taxpayers voted to abutment a three-county millage that goes to armamentarium the Detroit Zoo, which is amid aural Oakland Canton in the burghal of Huntington Woods, as able-bodied as a millage for the Detroit Institute of Arts.
Oakland Canton has additionally accustomed $500,000 to Automation Alley over the accomplished 14 years. Automation Alley is a technology business affiliation that supports that industry, including businesses and institutions amid in the burghal of Detroit.
This blog column was accounting by Tom Gantert.
Top photo: credit, Wikipedia
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Michigan Capital Confidential is a account account for the bodies of Michigan from the Mackinac Center for Accessible Policy. Website: http://www.michigancapitolconfidential.com/ Twitter: @MackinacCenter
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Categories: Budget and Finance, Must Read, Waste, Fraud and Abuse
Tags: CapCon, burghal assets tax, Clinton Administration, detroit, Labor Secretary, Oakland County, Robert Reich, Tom Gantert, Wagering tax
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Title : Liberal Economist: ‘Mostly White’ Oakland County Deserves The Blame for Detroit’s Problems
Description : In a recent Detroit Free Press op-ed, University of California-Berkeley Professor Robert Reich places the accusation for the burghal of De...