Protests to continue in Lansing tomorrow
More protests are planned to take place at the state Capitol tomorrow. From the Daily Tribune:Opponents of the proposed tax on pensions plan to rally at the state Capitol from 9 a.m to 1 p.m. Tuesday,...
View ArticleState Budget Director says he hears complaints about pension tax plan
The state’s budget director says Governor Rick Snyder’s proposal to tax pensions is necessary to keep young people in the state. Budget Director John Nixon says the proposed tax will move Michigan...
View ArticleShortchanging the Future
Macomb County Commissioner Phil DiMaria is angry about Gov. Rick Snyder’s proposal to tax pension income, and he’s doing something about it. He’s launched a statewide petition drive to oppose the tax,...
View ArticleSnyder signs tax restructuring... Now what?
Two-thirds of Michigan businesses are in line for a tax rollback next year. The rest will pay a six percent tax on profits. Pensions in Michigan will be taxed for the first time. An income tax...
View ArticleMichigan processes shorter corporate tax returns
LANSING, Mich. (AP) - Michigan says the new corporate income tax returns it's processing are much shorter in length than other business tax returns.The state Department of Treasury says the returns...
View ArticleMichigan's governor doesn't think the state should repeal new tax on pensions
Governor Rick Snyder is cool to a proposal to roll back Michigan’s new pension tax.The pension tax was part of a package enacted in 2011 that eliminated the Michigan Business Tax.A group of five...
View ArticleIn this morning's news: Pension tax, E. coli outbreak, Grand River oil spill
Governor Snyder stands by pension taxGovernor Snyder is standing by a new state tax on retirees' pensions despite calls from both Republicans and Democrats to repeal the legislation."A group of five...
View ArticleThe week in review: taxing pensions, foreclosures and international bridge
This week in review Rina Miller and Jack Lessenberry discuss the possibility of repealing a tax on pensions, how Michigan's home foreclosure rate is no longer the worst, and how the international trade...
View ArticleMichigan's new tax on pensions challenged in court
A class-action lawsuit has been filed on behalf of retired public employees against the state for extending Michigan’s income tax to pensions.Extending the income tax to pensions was part of a tax...
View ArticleMichigan’s budget surplus: More money, more problems? Sure, but it beats the...
Lansing these days could be renamed Surplus City, where we’re just looking for ways to spend the money that Michigan is expected to rake in this year. It appears our deficit days are behind us; we are...
View ArticleSnyder: Michigan pension tax will stand despite surplus
DETROIT (AP) - Gov. Rick Snyder says he won't reconsider a controversial tax on income of certain Michigan retirees.Michigan has a large budget surplus, but Snyder tells The Detroit News that...
View ArticleSnyder defends “pension tax” in special message on aging
Governor. Rick Snyder is firing back against critics of his so-called “pension tax.”Snyder gave a special address on aging Monday in Rochester. He used part of the speech to defend his 2011 decision,...
View ArticleDemocrats call for repealing Michigan's pension tax
State House Democrats are once again calling for a repeal of Michigan’s tax on pensions.The 2011 tax code rewrite means some retirees are paying taxes on previously untaxed pension income.State Rep....
View ArticleSeniors could play an especially big role in upcoming election
Michiganders age 50 and over are expected to represent well over half of the voters that show up to the polls on November 4.That is pretty typical of a non-presidential election. But seniors and...
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