Whitmer, Legislature propose new plans to cut taxes
Both Gov. Gretchen Whitmer and the Republican-led Legislature are proposing new plans to cut taxes.
LANSING, Mich. (AP) — Both Gov. Gretchen Whitmer and the Republican-led Legislature are proposing new plans to cut taxes but remain at odds over the scope and immediacy of any relief.
The Democratic governor called for a one-time $500 rebate for “working families,” adding to her earlier proposals to gradually repeal a tax on retirement income and fully restore a credit for lower-wage earners.
Republican lawmakers planned to quickly pass legislation Thursday that would permanently reduce the state income tax, increase the personal exemption, create a child tax credit, fully bring back the credit for low-income workers and expand a tax break for veterans.