Audio Clip
A state House committee Wednesday approved speeding up an income tax break to Michigan taxpayers.
The cut originally scheduled to take effect in January would move up to October if the legislation eventually becomes law.
The tax break would generate about 90 million dollars, or about 20 dollars for the average Michigan taxpayer.
Republican state representative Holly Hughes is one of the bills' sponsors....
"$90 million to our hard working taxpayers I think is a good shot, a good start. In this economy, if we can give back to the hard working taxpayers that's what we want to do."
Democrats on the panel voted for the income tax cut, but they point out that tax policies pushed by Republicans in recent years have cost Michigan's elderly and poor much more.
The bills now move to the House floor, where a vote may come tomorrow.
Copyright 2012, MPRN
The cut originally scheduled to take effect in January would move up to October if the legislation eventually becomes law.
The tax break would generate about 90 million dollars, or about 20 dollars for the average Michigan taxpayer.
Republican state representative Holly Hughes is one of the bills' sponsors....
"$90 million to our hard working taxpayers I think is a good shot, a good start. In this economy, if we can give back to the hard working taxpayers that's what we want to do."
Democrats on the panel voted for the income tax cut, but they point out that tax policies pushed by Republicans in recent years have cost Michigan's elderly and poor much more.
The bills now move to the House floor, where a vote may come tomorrow.
Copyright 2012, MPRN
