Michigan income tax cut would begin in October

By: Associated Press Email
By: Associated Press Email

House Republicans plan to introduce measures next week that would move up an income tax cut from January to October and increase how much income someone can earn before taxes kick in.

House GOP spokesman Ari Adler said Thursday the bills will be
introduced Tuesday.

House Republican Speaker Jase Bolger says he wants to return $90 million of a budget surplus to taxpayers.

The Michigan League for Human Services says the move is an
election-year gimmick. It says the money would be better spent offering preschool or dental care to low-income children.

The league says a millionaire would save hundreds of dollars if
Michigan's 4.35 percent income tax rate is rolled back to 4.25 percent before January 1st. It says a family earning $66,000 would save less than $30.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 153966005 - wndu.com/a?a=153966005
Gray Television, Inc.