LANSING, MI (WKZO AM/FM) – Just like she did with a similar proposal in March 2022, Michigan Governor Gretchen Whitmer Friday vetoed the latest GOP-led measure that would reduce the state’s income tax rate while creating new tax breaks for seniors, families, and others.
When she vetoed the plan in March, Whitmer argued the ideas were short-sighted and could hamstring critical state programs in the future. But this time, Whitmer said the legislative tactic the Republican majority in the statehouse used to fast-track the bill through both chambers may render it unconstitutional.
The $2.5 billion plan would have rolled back the personal income tax rate from 4.25% to 4%. This latest plan also created a $500 annual child tax credit, increased the personal tax exemption from $4,900 to $6,700 per taxpayer and expanded eligibility for the Earned Income Tax Credit.
Michigan House Tax Policy Committee Chairman Matt Hall Friday said, “We keep trying to provide relief from record inflation and high prices at the pump, but the governor keeps turning it down and denying the people we represent the help they need. We actually took her suggestions from her previous veto and included things she said she wanted in this plan, but apparently it wasn’t enough to change her mind and convince her that Michigan families shouldn’t keep falling further and further behind with each monthly bill.”
“I don’t know if she will ever change her mind and allow hard-working taxpayers to keep more of their own money, but I do know House Republicans will continue to fight for tax relief and continue to give her the chance to finally do the right thing. This isn’t over.”
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