Sunday, January 05, 2014

Tax cuts are nice.... but our roads are a disaster! Fix 'em!! ---------------------------GOP lawmakers, anticipating budget surplus, call for state income tax cut

Tryin' to placate fiscal conservatives the WRONG way.
Didn't the Gov. tell us, just a few months ago, that Michigan was too broke to fix the roads and we needed a NEW TAX or pot holes would devour us all?
GOP lawmakers, anticipating budget surplus, call for state income tax cut | Crain's Detroit Business:

Anticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year — most likely a reduction in Michigan's income tax.

While talks continue and no deal is imminent, the top tax writer in the GOP-led Senate said he soon will propose cutting the personal income tax rate from 4.25 percent to 3.9 percent over four years, which would return the levy to where it was in 2007.
Republicans who control the House also hope to pass an income tax reduction.

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