Exchanging Trash for Treasure
Economy / Environment / Fiscal policy / Tax / Taxes

Exchanging Trash for Treasure

The Michigan state government recently stumbled across a startling statistic. Over the past decade its revenue streams were $8-10 million below what it expected. The cause? Residents of nearby states have been smuggling millions of bottles and cans into Michigan, taking advantage of its nation-leading 10-cent bottle refund. Michigan is one of 10 states nationwide … Continue reading