Wayne County, Michigan's use of Delinquent Tax Anticipation Notes is an extreme example of a nationwide phenomenon: Local officials use fines and foreclosures or tax lien sales as cudgels against people who haven’t paid their property taxes. Some municipalities’ efforts to securitize or sell the debts have led to a broad, upward transfer of wealth that’s rooted in fundamentally unfair tax systems.
Fund pays back tax debt of 1,600 Detroit homeowners
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United Wholesale Mortgage issues ultimatum, escalates war against Rocket Companies
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WINDSOR, ONT. An economic diversification report going before Windsor city council Monday stressed the importance of its geography in creating new economic opportunities in the city. Titled “Windsor Works,” the report outlines four pillars as key to driving diversification: location, infrastructure, economic future and talent. “This is really the nexus point, so you really want to take advantage of this,” says Bill Anderson, a University of Windsor professor and head of the Cross Border Institute. He’s referring to a long-standing truth about this region its direct ties to the metropolis across the Detroit River. “It is much, much closer to the economy of Detroit than other cities in Ontario. And if you’re looking at an economic geography for Windsor, it’s very much Windsor-Detroit,” says report co-author Rachel Wolf or Public First, a United Kingdom-based consulting firm.