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Income tax cut proposals being pushed in Michigan legislature

LANSING, MI (WTVB) - Different proposals to cut Michigan’s income-tax rate have been introduced in both the State House and Senate to give back some of the state’s projected budget surplus. Democrats are calling an income tax cut an election year gimmick that would primarily benefit higher income residents.

Sources tell the MIRS News Service that the plan the Governor will include in his budget proposal next week will cap the money returned to taxpayers at $100-million and do it in a way that benefits the poor and middle class.