deal http://michiganradio.org en Snyder, Republican leaders come to a tax deal http://michiganradio.org/post/snyder-republican-leaders-come-tax-deal <p>Governor Rick Snyder and Republican leaders in the Legislature have struck a tentative bargain on tax reform and the state budget. The plan delays an October 1st income tax rollback and includes a compromise on taxing pensions.</p><p>Michigan is one of just a handful of states that does not tax pensions. The deal between Governor Snyder and GOP leaders would shield people 67 years old and older from a pension tax. The governor originally wanted to tax all pensions, but he says compromises were necessary. Governor Snyder:</p><blockquote><p>&ldquo;So it&rsquo;s a transitional plan that I think addresses the shorter-term requirements while being structurally sound for the long term.&rdquo;</p></blockquote><p>The plan also calls for scrapping the complicated and unpopular Michigan Business Tax in favor of a corporate income tax. That&rsquo;s part of an overall tax cut for most businesses to spur job creation.</p><p>The plan would eliminate the tax break for working poor families, but offer some new tax relief for low-income homeowners and renters.</p><p>The plan must still be approved by the House and the Senate. Wed, 13 Apr 2011 11:44:58 +0000 Rick Pluta 2053 at http://michiganradio.org Snyder, Republican leaders come to a tax deal Tentative deal could end Detroit Symphony Orchestra strike http://michiganradio.org/post/tentative-deal-could-end-detroit-symphony-orchestra-strike <p><strong>Update 6:36 a.m.:</strong></p><p>From the AP: Musicians&#39; spokesman Greg Bowens says the tentative agreement was reached late Sunday. He says musicians will vote this week on whether to ratify the deal.</p><p><strong>6:27 a.m.:</strong></p><p>The <a href="http://www.detroitsymphony.com/">Detroit Symphony Orchestra</a> says a tentative agreement has been reached with striking musicians that could resolve a six-month strike, the Associated Press reports. From the AP:</p><blockquote><p>Management spokeswoman Elizabeth Weigandt tells The Associated Press in an e-mail Monday morning that details of the agreement reached following talks over the weekend weren&#39;t being immediately released.</p><p>A message seeking comment was left with musicians spokesman Greg Bowens... Musicians had said they were <a href="http://news.michiganradio.org/post/dso-management-striking-musicians-schedule-face-face-talks-weekend">given a deadline of last Friday</a> to settle the strike or face losing the summer performance season and jeopardizing the fall season.</p></blockquote><p>Musicians have been on <a href="http://news.michiganradio.org/post/update-detroit-symphony-orchestra-strike">strike since October 2010</a>. Mon, 04 Apr 2011 10:29:19 +0000 Zoe Clark 1895 at http://michiganradio.org Tentative deal could end Detroit Symphony Orchestra strike