Published 1 year ago

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.

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Associated Press News

Michigan attorney general says income tax cut is temporary

Michigan's Democratic Attorney General Dana Nessel says an income tax rate reduction expected to be triggered next month by the state’s high revenues will be temporary and will revert back

1 year ago·United States

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Michigan Live

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

As a 2015 law appears poised to cut Michigan’s 4.25% state income tax, Attorney General Dana Nessel determined in a formal opinion the cut should only last a year, eliciting vocal disagreement from Republican legislators.

1 year ago

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The Blade

Michigan attorney general says income tax cut is temporary

LANSING, Mich. — Michigan Attorney General Dana Nessel said Tuesday that an income tax rate reduction expected to be triggered for the 2023 tax year by the state's high revenues will be temporary and will revert back to the normal rate the following year.

1 year ago·Toledo, United States

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The Oakland Press

Michigan attorney general says income tax cut is temporary

Michigan Attorney General Dana Nessel said Tuesday that an income tax rate reduction expected to be triggered for the 2023 tax year by the high revenues to the state will be temporary and will reve…

1 year ago

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Wood TV

Michigan attorney general says income tax cut is temporary

1 year ago

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Michigan Lawyers Weekly

Michigan attorney general says income tax cut is temporary

Michigan Attorney General Dana Nessel said Tuesday that an income tax rate reduction expected to be triggered for the 2023 tax year by the state's high revenues will be temporary and will revert back to the normal rate the following year. The post Michigan attorney general says income tax cut is temporary first appeared on Michigan Lawyers Weekly.

1 year ago

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