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This year Michigan's income tax will decrease from 4.25% to 4.05%, but most workers should expect that small bump in their tax refund, not their paycheck. ....
Michigan’s soaring revenues mean the state income tax rate will fall from 4.25 to 4.05 percent in 2023 tax year, according to the state treasury. The rate will go back up the next year following a legal opinion from Democratic Attorney General Dana Nessel. ....
As a 2015 law appears poised to cut Michigan’s 4.25% state income tax, Attorney General Dana Nessel determined in a formal opinion the cut should only last a year, eliciting vocal disagreement from Republican legislators. ....
Gov. Whitmer delivered victories for Michigan labor unions by signing a repeal of the right-to-work law and a reinstatement of the prevailing wage. ....
The passage of HB 4001 reduces taxes on certain retirement income and sweetens the state Earned Income Tax Credit. Gov. Whitmer is expected to sign. ....