See the Complete Picture.
Published loading...Updated

Attorney General rules anticipated Michigan income tax cut will only last 1 year

Summary by Ground News
Michigan Attorney General Dana Nessel said Tuesday that an income tax rate reduction expected to be triggered for the 2023 tax year will be temporary. Nessel's opinion comes after the state House Fiscal Agency predicted in January that Michigan's revenues have been running high enough to automatically trigger a drop in the tax rate to 4.05% from 4.25%. The reduction will save Michigan taxpayers an estimated $700 million.

7 Articles

All
Left
1
Center
3
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Michigan Live broke the news in Michigan, United States on Tuesday, March 28, 2023.
Sources are mostly out of (0)