Income taxes were hit hard as laid-off individuals were no longer working in the limits of the city, or at all.ДЄccording to the Director of Government Relations at the Detroit Regional Chamber, Matt Patton, the вЂњ actual state revenue has generally been more positive than more conservative estimates in the first quarters of the pandemic. The closing of casinos took away a huge chunk-over a million in revenue-from the cityвЂ™s budget. The two biggest pain points for the city,вЂќ Roling says, вЂњare the casino taxes and the income taxes.

Yet, beyond the individual, some of the cityвЂ™s financial security settled precariously on the very things that were affected most by these closings. Of course, this affected the individual greatly, and the business owner exponentially. The founding executive director for Wayne State UniversityвЂ™s new Office of Business Innovation, Matt Roling speaks to this himself, saying that just as the city put itself back together, вЂњIt just gets punched in the chin.вЂќДetroiters were forced to leave their downtown offices and work from home, as restaurants, bars, boutiques, hotels, casinos, and other downtown businesses closed their doors. A phoenix of a city, rising from the ashes of bankruptcy only to be burnt again. This is DetroitвЂ™s resurgence, this would be the year that its pendulum swing would tip in the cityвЂ™s financial favor.Д«ut as the pandemic sparked and spread like wildfire, the pendulum swung hard in the opposite direction.

People are dining, business partners check into their hotel rooms, and teens line up around the Fox to see their favorite band. New renovations and projects pop up all over the city and new restaurants are opening-what feels like daily-to keep every Detroiter filled to the brim with unique and delicious foods. ItвЂ™s February 2020 and Detroit is on top of the world.

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