At the state capitol, a house tax committee is pushing forward to roll back the state income tax rate. But not everyone is on board. Michigan League for Public Policy president and CEO Gilda Jacobs says the roll back would only really benefit the rich.
“If your making a bunch of money in this state, you're going to be getting back like $3,700. If you are at the lower scale and you're making about $22,000 and trying to help your family, you can get back about $16.”
The measure came out of a House committee yesterday over the objections of Governor Snyder who says he's disappointed by the committee's actions. Opponents of the plan say it would punch a $1.1 billion dollar hole in the state's general fund meaning less money for schools, roads, and infrastructure repair.