Detroit Could Raise up to $47M with New Tax on Concerts and Sporting Events, Report Says

Ticket tax could help Detroit trim property taxes

Revenue from an event ticket tax could help Detroit cut property taxes and cover costs associated with hosting sports games and concerts.  A new Citizens Research Council of Michigan study found an admissions tax on Detroit sports and entertainment venues could raise between $14 million and $47 million annually, depending on the tax rate. The report states that events provide more than entertainment, “they are powerful economic engines,” and Det…

Report: Entertainment Tax Could Generate $47 Million for Detroit

Report: Entertainment Tax Could Generate $47 Million for Detroit

Detroit could raise up to $47M with new tax on concerts and sporting events, report says

Detroit city leaders are exploring a new revenue stream that could generate up to $47 million annually through an admission tax on concerts and sporting events, according to a study released Wednesday.The tax would require action from the Michigan Legislature, Detroit City Council and a vote from Detroit residents before implementation. Currently, 34 other states allow similar local admission taxes. Watch Brett Kast's video report below: Detroit…

‘Citizens Research Council of Michigan’ proposes an admissions tax for Detroit sports games and entertainment events

The Detroit Metro Times’ Steve Neavling reports that an independent research group is suggesting that the City of Detroit impose an “admissions tax” upon each and every one of the city’s entertainment events in order to raise revenues and decrease residential property taxes: The Citizens Research Council of Michigan released the study Wednesday, pointing out that “Detroit is one of the few major cities in the U.S. that does not levy entertainme…