skip to main content
skip to newscasts

Friday, June 21, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Expert warns of upcoming threats to democracy across the nation; Judge in Trump documents case rejects suggestions to step aside; NC businesses fear effects of 'bathroom bill'; Report says restaurants allow abuse, disease risk at MD animal farms.

view newscast page
play newscast audioPlay

A congresswoman celebrates Biden protections for mixed status families, Louisiana's Ten Commandments law faces an inevitable legal challenge, and a senator moves to repeal the strict 19th century anti-obscenity and anti-abortion Comstock Act.

view newscast page
play newscast audioPlay

Rural educators say they need support to teach kids social issues, rural businesses can suffer when dollar stores come to town, prairie states like South Dakota are getting help to protect grasslands and a Minnesota town claims the oldest rural Pride Festival.

Governor Signs Overhaul of MI Tax System, Ends 'Retirement Tax'

play audio
Play

Thursday, March 9, 2023   

Gov. Gretchen Whitmer has signed a new law that rolls back Michigan's "Retirement Tax" that was implemented more than a decade ago.

The new law, which amends the Income Tax Act, will mean a $1 billion tax break to seniors and working families.

The measure will phase out the retirement tax over four years, saving hundreds of thousands of Michigan households an average of $1,000 a year.

Paula Cunningham, state director of Michigan AARP, said the measure will reverse a policy that many seniors considered a hardship.

"You look at your Social Security, you look at your pension, you look at your income every month and you depend on that for your livelihood as you retire," said Cunningham. "And to later learn after the fact that that money was not going to come in, because you're balancing the budget and taking money away from older adults, never seems right."

The bill, HB 4001, passed on a straight party-line vote in the Senate, and a single Republican joined the Democrats in the House vote.

The former tax policy was created in 2011 by a GOP-controlled legislature as part of a corporate tax cut.

Whitmer and Democratic leaders also sought to approve $180 "inflation relief checks" to every Michigan tax filer, but could not muster the votes to include it in the package.

Cunningham said AARP and other senior advocates fought for the change for several years, but could not get it through until Democrats gained control of the Legislature and the governor's office.

"That means about 700,000 Michiganders will see more money coming into their retirement income," said Cunningham. "That might mean a gas tank or two, might mean another trip for someone. It could mean more groceries or it may not mean a lot to some folks, but to 700,000 people who will make a big difference."

The bill also expands Michigan's Earned Income Tax Credit from 6% to 30% of the federal tax credit. Lawmakers estimate that will save low-income Michigan families about $750 a year.

Disclosure: AARP Michigan contributes to our fund for reporting on Health Issues, Livable Wages/Working Families, Senior Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The U.S. Environmental Protection Agency has reported power plant pollution exacerbates asthma, creates new asthma cases, causes heart attacks and is the largest airborne emission of mercury. (TomKonrad/Wikimedia Commons)

play sound

Danskammer Energy is no longer seeking an expansion of its Newburgh plant. The original plan called for expanding the company's "peaker plant" meant …


Social Issues

play sound

The Black Hills National Forest is one of the latest federal lands to enter a co-stewardship agreement with local tribal nations-a management model en…

Social Issues

play sound

It is the first day of summer and time for a global event called the "World's Largest Swimming Lesson." Albuquerque's West Mesa Aquatic Center will o…


To participate in Mississippi's work-release program, individuals must be within two years of their release date and have not had disciplinary action within the last 12 months. (Tjshot/Adobe Stock)

Social Issues

play sound

Mississippi's pilot work-release program for incarcerated individuals has been extended to three years. The program allows qualified participants to …

Health and Wellness

play sound

Clinica Family Health and Mental Health Partners have announced plans to merge operations by September of this year. Mental Health Partners co-CEO …

A report by The Nature Conservancy says if clean energy continues to be sited the way it always has been, the U.S. will need an area the size of Texas to meet its climate targets. (Adobe Stock)

Environment

play sound

Today is the summer solstice, the day of the year with the most sunshine, and Indiana conservationists said they have a plan to make the best use of …

Social Issues

play sound

School children in Arkansas are learning how to grow their own fruits and vegetables through the Farm to School and Early Childhood Education program …

Environment

play sound

A Michigan nonprofit dedicated to keeping oil out of the Great Lakes is celebrating a major victory. A federal Appellate Court has ruled that …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021