Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

Kissy asked:


I just read the Grand Rapids press and how we are in debt 1.1 billion dollars.

Well they raised the personal income tax rate from 3.9 to 4.35 percent. I’m only 12, and I’m doing a report on this, so how will this affect us?
It is a state tax rate, and according to the newspaper, it is just for Michigan, so that we can recover from our debt. So can you answer the question?

How will a change in personal tax rate affect us?

Loretta Denenberg

Richard S asked:


Where do I put this on my personal taxes?

Lana Leming