Congressman Warren Davidson, R-Ohio, introduced legislation to repeal the 16th Amendment, stating that the government should not tax people’s income.
“Originally the country didn’t have an income tax,” Davidson said on the Wednesday edition of the “Just the News, No Noise” TV show. “They passed the 16th amendment to make it legal to tax people’s income. It was originally just going to be for the really, really rich people. And of course, now it’s hitting everybody.”
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A new lawsuit says Michiganders should get a permanent income tax break instead of one for just one year.
Lawmakers, including two plaintiffs, passed legislation in 2015 enacting an income tax reduction trigger that lowers the current rate when the state’s revenue outpaces inflation by a set amount. Last year’s state revenue triggered a rollback of the rate from 4.25% to 4.05%.
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Michiganders should see $50 of savings after the state income tax decreases to 4.05% for one year.
“Michigan’s strong economic position has led to a reduction in the state income tax from 4.25% to 4.05% for 2023,” Treasurer Rachael Eubanks said in a statement. “When Michiganders file their 2023 state income taxes in 2024, they will see the rate adjustment in the form of less tax owed or a larger refund.”
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by Cole Lauterbach Although Arizona’s state income tax recently dropped to one of the lowest in the nation, a rookie lawmaker disagrees with the concept of having an income tax at all. State Rep. Austin Smith, a West Valley Republican, filed House Bill 2395. He said taxpayers have struggled to make…
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The GOP-dominated Michigan Legislature approved $2.5 billion in far-ranging tax relief amid record 40-year-high inflation.
Meanwhile, Gov. Gretchen Whitmer and Democrats pitched sending immediately $500 checks to working families. Senate Majority Leader Mike Shirkey, R-Clarklake, characterized the plan as trying to “pay off” Michiganders for her COVID policies.
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Two Arizona lawmakers are attempting to make changes to the state’s budget bills, which held up the signing of the law last week.
“The changes include smaller tax cuts until actual revenue comes in above projections and a much larger paydown of state debt,” as reported by Fox 10.
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Michigan’s state income tax was raised in 2007 in what was supposed to be a temporary fix, but it ended up being permanent. More than a decade later, one Republican state lawmaker plans to change that.
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Michigan Gov. Gretchen Whitmer says Michigan needs to find an extra $2.5 billion to help fix the state’s roads as she reaches an impasse with Republican leaders on the 2020 budget.
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