A $2.5 billion tax relief plan put forward by the Republican-led Legislature drew out the veto pen Friday from Michigan Democratic Gov. Gretchen Whitmer, who said it would “blow a recurring, multi-billion-dollar hole in basic state government functions from public safety to potholes.
Tax cuts
Monique Stanton writes, “Broad tax cuts, such as the Legislature’s move to reduce the personal income tax rate from 4.25% to 3.9%, are inequitable and funnel most of the benefits to the wealthiest Michigan residents.”
With the midterm elections looming, tax cuts are shaping up to be a major fight this year between Democratic Gov. Gretchen Whitmer and the GOP-controlled Legislature.