Fireworks tax revenue lower than expected - ABC 12 – WJRT – Flint, MI

Fireworks tax revenue lower than expected

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FLINT TOWNSHIP (WJRT) -

(09/10/12) - It seems Michigan's new consumer fireworks law didn't set off the boom some lawmakers were expecting.

According to the Detroit News, the state has brought in less than $2 million from licensing fees and sales taxes, so far. Lawmakers had predicted the state would bring in $8-18 million.

That surprised some local fireworks distributors, like Phantom Fireworks in Flint Township. "We did a lot better than we thought we would," says store manager Kristi Meadows. "We shocked a lot of other companies, and everyone from Ohio and Indiana, we definitely shocked them."

As for the money, the state did collect from fireworks sales, the first million dollars will go to reimbursing local fire departments for some of the extra expenses from promoting fireworks safety. It's still not clear where the rest of the money will go.

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