Gov. Gretchen Whitmer and Republican legislators have offered competing tax cut proposals in recent weeks as a result of budget surplus and an influx of federal stimulus funding.
While Whitmer’s are more targeted toward pensions and bolstering the Earned Income Tax Credit, Republican lawmakers seek across-the-board cuts to individual income taxes and corporate income taxes, as Senior Writer Mark Sanchez reported this week.
MiBiz Managing Editor Andy Balaskovitz discussed the proposals on WOOD-TV8’s “Daybreak” program today.
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