Snyder Wants to Link Biz Tax Cuts to Repeal of Senior Tax Credits

By: Associated Press
By: Associated Press

Michigan Gov. Rick Snyder says state lawmakers will have to vote to end senior tax breaks on pension income at the same time they roll back business taxes.
The Republican governor told reporters Thursday that he will put both measures into the same bill. It's part of his plan to get the entire $45.9 billion budget proposal passed, not just the parts that are politically popular.
The multimillionaire says the plan requires "shared sacrifice," and is offering to cut his annual salary to $1.
Critics quickly raised fears that the poor and elderly were being targeted to help pay for business tax cuts.
Snyder's proposal includes spending cuts for schools, universities and local governments. It also would get rid of many tax breaks, including one for the working poor. is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. Comments may take up to 24 hours or longer to appear on the site.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 116445689 -
Gray Television, Inc.