tax cut

More details are expected Monday from Governor Gretchen Whitmer and the Legislature’s Democratic leaders on a package to help taxpayers deal with the rising cost of living. The state has a surplus and the plan they outlined Friday is expected to include targeted tax rollbacks and rebate checks for residents.

Republican Senate Minority Leader Aric Nesbitt (R-Porter Twp) estimated the cuts would come out to around $500 million total.

Tax cuts will likely be at the top of the priority list for the Michigan Legislature when lawmakers return to Lansing from their summer break this week.

The State of Michigan got more money than expected and wants to cut taxes. A public policy group suggests some of the surplus should go in a rainy day fund.

More than $2.5 billion in proposed tax cuts made it past the Michigan Legislature Thursday. Governor Gretchen Whitmer voiced concern over how long its effects would take to reach Michiganders.

Governor Whitmer opposes a $2.5 billion tax cut package passed by state legislature. Also, decision-making in a post-omicron surge Michigan. And another episode of Interlochen Public Radio's [Un]Natural Selection series.

The Michigan Senate gave final approval Thursday to a bill that would drop the state’s income tax rate to under 4%.

Michigan House lawmakers passed a multi-billion-dollar tax cut Tuesday.

A bill to cut income taxes and let people over the age of 62 claim certain exemptions made it out of a state House committee Thursday.

Whitmer told the Lansing Regional Chamber of Commerce the costs of the Senate Republican tax plan aren’t covered over the long-term.