Taxes and Public Policy: How Ross Students and City Administrators Are Working Together to Help Finance Revitalization Efforts in Detroit
Center on Finance, Law, and Policy's Monthly Blue Bag Lunch Talks
Catherine Shakespeare, PricewaterhouseCoopers-Norm Auerbach Assistant Professor of Accounting and Sanford R. Robertson Assistant Professor of Business Administration
The rebirth of Detroit is dependent on a multitude of factors including issues related to urban infrastructure, the revitalization of neighborhoods, and beyond. Critical to this rebirth is investment in the city. For the city administration, this investment means being able to collect sufficient tax revenues to turn on streetlights, police neighborhoods, replace infrastructure, and finance other projects. Unfortunately, one consequence of the challenges faced by the city has been a culture of non-payment of the taxes owed. Over the last three years, the Master of Accounting students at the Ross School of Business have worked closely with the city to help address these non-payment issues. This talk will describe the projects the students have worked on, the benefits to both the city and to the students, and the work that still needs to be done. We will be joined by the city’s Director of Audit and Compliance, Odell Bailey.