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Date Posted: 12:26:50 2/08/23 Wed
Author: Jasper
Subject: Our governor Whitmer sending out inflation relief checks

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In a news release, Whitmer, along with Senate Majority Leader Winnie Brinks, D-Grand Rapids, and House Speaker Joe Tate, D-Detroit, said their "Lowering MI Costs" plan will repeal retirement taxes increased under former Gov. Rick Snyder to save 500,000 households an average of $1,000 a year, and increase the Working Families Tax Credit (formerly known as the Earned Income Tax Credit) to give about 700,000 Michiganders an average annual increase of $3,150.

Those features of the plans are similar to measures announced previously, which include bills to increase the tax credit for low and moderate-income earners to 30% of the federal tax credit, up from 6%.

But in the newest development, the plan also involves sending checks to all Michigan taxpayers to ease the effects of inflation, the release said. Whitmer, who previously called for $500 checks for all working families, would not say Friday how large the checks would be.

Whitmer said greater detail on the plan would be made available Monday.

https://www.msn.com/en-us/news/politics/gov-whitmer-democratic-leaders-want-to-send-inflation-relief-checks-to-all-taxpayers/ar-AA175ju8

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