Gilbert Family Foundation gives $15M for Detroit neighborhoods crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.
Gilbert Family Foundation investing $15 million into 10 Detroit neighborhoods wxyz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxyz.com Daily Mail and Mail on Sunday newspapers.
The proposal, called a land value tax, would triple taxes on land in the city, while eliminating the Detroit operating tax of 20 mills on all structures.
Detroit Mayor Mike Duggan on Wednesday will unveil a proposal that would remake Detroit's tax system with an aim to reduce property taxes for residents while encouraging speculators to develop the land they hold.The proposal, called a land value tax, would eliminate property taxes that fund Detroit…