Under which act can cities in Michigan establish their own tax rates?

Cities in Michigan can establish their own tax rates under the Home Rule City Act. This legislation grants cities greater autonomy and the power to govern themselves, which includes the ability to set their own tax rates based on the specific needs and circumstances of their communities. The Home Rule City Act empowers local governments to exercise certain rights and responsibilities independently from state-level oversight, allowing them to determine fiscal policies, including taxation.

This act is significant because it recognizes the unique circumstances of different municipalities, enabling local officials to make decisions that best serve their residents. It fosters a sense of local control and accountability, ensuring that the tax framework can be adapted to local needs rather than being strictly dictated by state legislation.