Report says MI will soon begin taxing the working poor further into poverty

A new report says that due to recent tax changes Michigan will soon begin taxing the working poor further into poverty. The report, "The Impact of State Income Taxes on Low-Income Families in 2011," found that last year Michigan was one of the better states when it comes to tax policies on the working poor.  But by cutting the state's earned income tax credit to 6% of the federal credit in the 2012 tax year, down from 20%, the state's threshold for two-parent families of four will be reduced from its current level of 34% above the poverty line to slightly below the poverty line.

Family poverty grown dramatically over past decade in Michigan according to report

Reducing poverty in Michigan will be key to restoring the state's economy. That's according to a recent report issued by the Michigan League of Human Services. The report found that poverty has grown dramatically throughout the past decade with more children and families in poverty, fewer families able to afford rent, more homes in foreclosure, and more breadwinners out of work. Child homelessness grew 40% between the 2009-10 school year and the 2011-12 school year, with 31,000 children homeless and more than 700,000 on food assistance, according to the report.

Reports says percentage of births to unmarried women up in Michigan

Even with unemployment down, report says many families still struggling

New poll shows most against elimination of EITC

Michigan League for Human Services releases tax guide

The Michigan League for Human Services has put out its annual guide to tax credits urging low and moderate-income Michigan households to file for all available credits and deductions this tax season. The 2011 edition of 'Money back in Michigan' outlines nine Federal and State tax credits and deductions. The guide also encourages tax-filers to use free tax preparation services and skip expensive “rapid refund” centers that can eat up a portion of the refunds.

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