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Tue May 29, 2012
Debate on moving up a state income tax cut begins today
LANSING, Mich. (AP) - The Michigan House plans to begin consideration of measures moving up an income tax cut from January to October and increasing how much income someone can earn before taxes kick in.
House GOP spokesman Ari Adler says the bills will be introduced Tuesday.
House Republican Speaker Jase Bolger wants to return $90 million from a budget surplus to taxpayers. The tax rate would drop from 4.25 percent to 4.35 percent.
The Michigan League for Human Services says the move is an election-year gimmick. It says the money would be better spent offering preschool or dental care to low-income children.
Democrats say tax changes passed last year by GOP lawmakers will require that individuals pay $1.4 billion more in taxes next year. They say the $90 million cut is insufficient.