LocalMichiganNews

Michigan group starts ballot drive for graduated income tax

LANSING, Mich. (AP) — A group has launched a ballot drive to replace Michigan’s flat personal income tax with a graduated system.

Supporters say the proposed constitutional amendment would cut taxes for more than 90% of residents and raise them on higher earners.

The 4.25% income tax would have to be reduced for individuals making $175,000 or less — $350,000 for joint filers.

The plan would have to generate $1.5 billion more — half for schools and half for infrastructure.

The Michiganders for the Commonwealth ballot committee submitted petition wording Friday.

It will have until early July to collect 425,000 valid voter signatures.

Related posts

Gov. Mike Braun expects to declare statewide emergency after storms cause damage, flooding

Jon Zimney

Indiana Fever head coach Stephanie White addresses criticism

Network Indiana

Elkhart County crash injures driver after Camaro hits four parked vehicles

Jon Zimney

Leave a Comment