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Like many Michigan retirees, John Harnois is looking forward to saving good money on his state income taxes, thanks to a repeal of the so-called "retirement tax" beginning in 2023.. Now, if ...
Serving with a Republican legislature and Governor, Foster has voted on successful legislation to make Michigan a right-to-work state, repeal the Michigan Business Tax and replace it with the Corporate Income Tax, and eliminate the pension tax exemption for state employees, and has made drastic reforms to the state's K-12 education system ...
Michigan. Michigan’s flat state income tax rate rose for 2024 to 4.25%, ... and most of the states retirement deductions were repealed for tax year 2024.
In her January 2023 State of the State address, she called for repeal of the state's retirement tax; an increase in the state earned income tax credit from 6% to 30%, universal pre-kindergarten; investment in renewable energy such as wind and solar power; a repeal of Michigan's now defunct 1931 abortion ban; increasing education spending, and ...
(The Center Square) – In the last few weeks of the lame duck session, Michigan Democrat legislators tried to push through a number of expansions to the state pension. Bills in both the state ...
repeal of the state's retirement tax; raising the state's earned income tax credit from 6% to 30%; universal pre-K; investment in renewable energy such as wind and solar power; requirement for utilities to deliver 100% renewable energy by 2040 [10]
The filing deadline for most 2023 federal and state of Michigan income tax returns is April 15, 2024.
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