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Last updated 6:28AM ET
February 25, 2021
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STATE BUDGET HOUSE NEGOTIATIONS
(2007-09-14)
(wgvu) - LANSING, Mich. (AP) - The state House has started voting today
on a proposal to raise the personal income tax rate from 3.9
percent to 4.6 percent.
That would cost a person with a taxable income of $50,000 an
extra $350 each year in state taxes.
Forty-three Democrats in the 110-member House had voted in favor
of the proposal a half-hour after the process started. Several
Democrats had yet to vote.
Democrats hold a 58-52 majority in the House, enough to pass the
increase.
The measure was being considered as the House hunkered down
today for what could be a marathon session to address a potential
1.7 billion dollar budget shortfall for the fiscal year that starts
October 1st.
The income tax proposal would raise about 1 billion dollars.

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