Saturday, June 09, 2012

Michigan House Republicans expand upon income tax relief plan

Michigan House Republicans expand upon income tax relief plan | MLive.com
A new measure detailed Thursday would provide longer-term income tax relief by dropping the income tax rate to 3.9 percent by 2018.
The legislation would come in addition to a short-term plan already approved by the House and now pending in the Senate, which would speed up an already planned income tax rate reduction from 4.35 percent to 4.25 percent late this year.

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