LANSING, MI (WKZO AM/FM) – Despite earlier vetoing legislation that would have rolled back Michigan’s income tax rate, Governor Gretchen Whitmer Thursday sent a letter to Michigan legislative leaders proposing MI Tax Rebate Right Now, a plan she says would return $500 to working families from the state’s budget surplus.
In a press release, Whitmer said, “From Macomb to Marquette, Michiganders are facing rising prices on food, gas, and other everyday expenses,” wrote Governor Whitmer. “While the causes are varied, from the invasion of Ukraine by Russia to ongoing supply chain challenges caused by the pandemic, the pain being felt by people is tangible. Today, I am proposing MI Tax Rebate Right Now, a plan to send a $500 tax rebate to Michigan’s working families right away. Let’s take advantage of our additional revenue to put money in people’s pockets and deliver real relief right now… Michiganders are counting on us to work together to provide real relief right now, so they can pay the bills and put food on the table. Let’s draw on the grit and determination our working families show every day and let’s get it done.”
In February, Whitmer proposed rolling back the retirement tax to put an average of $1,000 back in the pockets of half a million families and tripling the Michigan Earned Income Tax Credit to deliver an average tax refund of $3,000 to 730,000 families.