deal

State Legislature
7:44 am
Wed April 13, 2011

Snyder, Republican leaders come to a tax deal

Governor Rick Snyder and Republican leaders in the state House and Senate have come to a tentative tax deal
Ifmuth Flickr

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.

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:

“So it’s a transitional plan that I think addresses the shorter-term requirements while being structurally sound for the long term.”

The plan also calls for scrapping the complicated and unpopular Michigan Business Tax in favor of a corporate income tax. That’s part of an overall tax cut for most businesses to spur job creation.

The plan would eliminate the tax break for working poor families, but offer some new tax relief for low-income homeowners and renters.

The plan must still be approved by the House and the Senate.

Arts/Culture
6:29 am
Mon April 4, 2011

Tentative deal could end Detroit Symphony Orchestra strike

There appears to be a tentative deal at the Detroit Symphony Orchestra
ZUU Mumu Entertainment Flickr

Update 6:36 a.m.:

From the AP: Musicians' spokesman Greg Bowens says the tentative agreement was reached late Sunday. He says musicians will vote this week on whether to ratify the deal.

6:27 a.m.:

The Detroit Symphony Orchestra says a tentative agreement has been reached with striking musicians that could resolve a six-month strike, the Associated Press reports. From the AP:

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't being immediately released.

A message seeking comment was left with musicians spokesman Greg Bowens... Musicians had said they were given a deadline of last Friday to settle the strike or face losing the summer performance season and jeopardizing the fall season.

Musicians have been on strike since October 2010.