Blog tagged as Taxation

Dems Look To Move Tax Deal Amid Some Reluctance

02/08/23 09:26 AM - By Team MIRS - Comment(s)
Dems Look To Move Tax Deal Amid Some Reluctance
The tax cut deal House and Senate Democrats struck with Gov. Gretchen Whitmer is scheduled to move out of a legislative conference committee Wednesday, Feb. 8, despite agitation among progressives and other Democratic legislators

Inflation Relief Checks Will Pull $800 Million From General Fund

02/07/23 04:30 PM - By Team MIRS - Comment(s)
Inflation Relief Checks Will Pull $800 Million From General Fund
Gov. Gretchen Whitmer said Monday Michiganders can expect $180 "inflation relief checks" as part of her broad tax relief package, a state expense that is expected to pull $800 million from the General Fund.

Attorney: Gov Can View Income Tax Trigger As Unconstitutional

02/07/23 03:59 PM - By Team MIRS - Comment(s)
Attorney: Gov Can View Income Tax Trigger As Unconstitutional
Steve Liedel, chief legal counsel to former Gov. Jennifer Granholm, believes the mechanism used to determine a possible income tax rollback "likely violates Michigan's constitution," and could provide grounds for the current governor not to comply.

Large Income Tax Cut/Shift Bill Moves, Then Stops

02/02/23 03:50 PM - By Team MIRS - Comment(s)
Large Income Tax Cut/Shift Bill Moves, Then Stops
Legislative Democrats began movement Wednesday on what ultimately will be one large income tax cut/shift bill that is planned to include broader retirement income exemptions

A Creative Way To Get Around Income Tax Reduction Trigger . . .

02/01/23 05:53 PM - By Team MIRS - Comment(s)
A Creative Way To Get Around Income Tax Reduction Trigger . . .
Who would have guessed back in 2015 that the income tax reduction trigger crafted to give Republicans political cover during the gas tax hike vote would ever be activated?