LANSING, Mich. — Sen. Dale Zorn on Friday expressed his criticism of Gov. Gretchen Whitmer’s veto of a bipartisan $2.5 billion tax cut plan to reduce the state’s personal income tax rate, provide families with a $500 per child tax credit, and protect more income for Michigan’s seniors.
“By vetoing this measure to provide significant relief to struggling families and seniors — at a time when the state is seeing record revenues and a historic surplus — the governor has shown just how apathetic she is to the everyday challenges facing the Michigan people,” said Zorn, R-Ida. “As the cost of almost everything continues to climb, Michigan families need this relief, and I am very disappointed the governor chose more government spending over helping people make ends meet.
“I am especially disappointed that she vetoed the significant tax deduction increase for our seniors, many of whom live on a fixed income and are least able to deal with high inflation.”
Senate Bill 768 would reduce the state’s personal income tax back to 3.9% and create a $500 tax credit for each child under the age of 19. The legislation would also increase the tax deduction for seniors up to $40,000 for individuals and $80,000 for couples and lower the age of eligibility from 67 to 62.