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  1. #1

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    Quote Originally Posted by iheartthed View Post
    Of course the majority of the metro area millionaires live in the suburbs, but there are more than just "a millionaire or two" who live in the city of Detroit.
    I bet these two people are millionaires in the City of Detroit and probably have been for a very long time; O'Neil Swanson and Raymond Cantrell.

  2. #2

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    Quote Originally Posted by MidTownMs View Post
    I bet these two people are millionaires in the City of Detroit and probably have been for a very long time; O'Neil Swanson and Raymond Cantrell.
    True, especially now.

  3. #3
    Join Date
    Mar 2011
    Posts
    5,067

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    I agree with others and don't think that the city income tax plays a significant role in keeping out the rich.

    Obviously these folks are less tax-sensitive, and they already tend to live in the jurisdictions with the highest local taxes [[compare the property taxes in Birmingham, Bloomfield, Franklin, Huntington Woods, and the Pointes to the taxes in newer sprawlburbs).

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