States collect income taxes from their residents to help pay for education, roads and other vital state services.
It’s currently set at 4.25% with a personal exemption amount of $4000. A fairer tax system in Michigan could reduce taxes for 95% of filers while bringing in additional revenue to fund our vital services, invest in roads and schools and create an economy that works for all Michigan residents.
It’s time for Michigan to join the other 33 states that have a fair income tax structure. New polling shows that 66% of Michiganders support a graduated income tax so the people that can afford to pay more do, while the people with lower incomes get some tax relief.