Lower-income workers and pensioners will get some relief from tax relief signed by Gov. Gretchen Whitmer this week, but residents hoping for $180 rebate checks from the government can kiss that goodbye.
Whitmer had sought to pay Michigan tax filers $180 inflation relief checks, but Republicans blocked that in an effort to help ensure a permanent reduction in the state income tax that would provide more relief over several years.
Related:
Confused? Here’s what to know.
Definitely maybe.
Whitmer signed legislation Tuesday but it won’t go into effect until early 2024 because Senate Republicans denied the bill a two-thirds supermajority it needs for immediate effect.
They did this to preserve a projected income tax rate reduction that could be triggered by a 2015 law. That law requires the state to cut income taxes if revenue significantly outpaces inflation.
It looks like that could happen when finalized revenue numbers are expected later this month. Non-partisan agencies have predicted fiscal year revenue growth from fiscal year 2022 would automatically cut the income tax rate from 4.25 percent to as low as 4.04 percent.
It’s still...
Patricia White, 70, of Old Greenwich, received a nine-month prison sentence for submitting false claims for unclaimed properties to around 30 state treasuries. HARRISBURG, Pa. — Months after her br...