Legislature and Snyder’s office work on changes in wake of federal tax code
The Legislature officially returns next week, and a top priority in Lansing will likely be the state’s tax code.
The new federal tax law caused a stir in Michigan. That’s because it could mean residents will lose some state exemptions and have to pay higher state taxes.
Governor Snyder wants to make sure the federal law doesn’t hurt the wallets of Michiganders.
Lieutenant Governor Brian Calley has been working on the issue. He says it doesn’t require a major fix, but it will have to be approved by the Legislature.
“But I don’t expect it’ll be a tough sell to go in and make those changes.”
Republican Representative Jim Tedder is chair of the House Tax Policy committee. He says he’ll work with the Snyder administration on the issue.
I’m Cheyna Roth in Lansing.