In this morning's Michigan news headlines. . .
Governor Snyder to listen for finance issues in Presidential inauguration
"Governor Rick Snyder says he’ll be listening for plans to fix the nation’s finances in President Obama’s second inaugural address today. He says bickering in Washington about the fiscal cliff and the debt ceiling are delaying a more-robust economic recovery," Rick Pluta reports.
Changes in Michigan income taxes
"Michigan income tax returns for 20-12 will look a lot different than last year. That's because a slew of deductions and credits have disappeared. Many retirees will have to pay taxes on their pensions. The state's homestead property tax credit will go away for many people. And there won't be a credit for college and tuition fees anymore," Rina Miller reports.
A 26-year-old to replace Benton Harbor emergency manager
"The incoming emergency financial manager for the City of Benton Harbor doesn’t start until February First, but he’s already working hard to create new relationships and get a complete picture of the city’s finances. Tony Saunders is 26. But he says people should consider his experience working in Detroit and Highland Park, not his age. Saunders replaces outgoing emergency manager Joe Harris," Lindsey Smith reports.