Income Tax Hike?

By: Beth Shayne Email
By: Beth Shayne Email

"I don't think the city of Lansing's employees and citizens are able to handle more tax increases," Charles Whitbe says.

"I think most people would barely notice it," Kim Rhead, of Holt disagrees.

On the topic of an income tax hike, Michiganders are divided.

The latest poll from Epic-MRA says 43 percent are in favor, 50 percent against, and 7 percent undecided.

For a person who makes $50,000 dollars a year, a .5 percent hike to 4.4 percent would cost you $250 bucks a year. A .7 percent hike to 4.6 percent would mean 350 dollars a year.

That $350 would equal about 88 cups of gourmet coffee, 17 trips to the barber. At today's prices, it's about 109 gallons of gas, or 8 fill-ups in a sedan.

An increase in the income tax alone could not fill the state's total budget deficit. The governor's calling for several different kinds of smaller tax increases plus cuts. Opponents say try wage concessions, consolidation of state agencies, reforms that don't involve the tax code.

The state's income tax was 4.6 percent in the early 1990s. It's been cut twice since then.

The state's treasury department says current levels put Michigan 26th of 50 states in total state taxes.

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  • by Shelly Location: Fowlerville on Jun 28, 2007 at 08:46 AM
    Taxes Taxes Taxes. Raising the income tax will be like robbing Peter to pay Paul. I for one will have to spend less at the stores (which I already do because of gas prices) which in turn lowers state revenue from sales tax- which gives less money for the schools. This is a vicious cycle of not getting anywhere!! Stop trying to put the states misspending on the backs of the people. Why turn the lights out when we leave? The state can just pay the bill with the lavish expense accounts LOL.
  • by Steve Location: Lansing, MI on Jun 27, 2007 at 03:09 PM
    Raising taxes is a BAD idea. Yes, the Government is falling apart.. but we've already raised taxes to fix the deficit, and that didn't work! Has everyone forgotten how Granholm raised the cigarette tax, bringing the price on a pack of cigs from $3.50 about 5 years ago up to the over $5 per pack it is today! Where is all that money going? If Granholm raises taxes, she might as well start offering free maps out of Michigan, because that's where everyone will be going. Out of Michigan. Last one out, turn off the lights!
  • by jennifer Location: lansing on Jun 27, 2007 at 02:43 PM
    i cannaot afford to live in michigan, nor can i afford to leave it. i cannot pay my bills and put food on the table with merger wages. more taxes is to much. i need my money more then the government
  • by David Location: MI on Jun 27, 2007 at 11:14 AM
    I would suggest we should leave Michigan and move somewhere that isn't going to rob us of more of our tax dollars. Why should the citizens of this state foot the bill for the states economic woes?
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