Gov. Whitmer's Plan to Cut Taxes for Working Families

Statement

Today, Governor Gretchen Whitmer proposed increasing Michigan's Earned Income Tax Credit, or EITC, in her State of the State address. Increasing the EITC, a tax cut for working families, would deliver an average combined tax refund of $3,000 to 730,000 Michiganders, helping them pay the bills and put food on the table.

"Raising the state EITC puts Michiganders first by putting nearly $3,000 back in their pockets when paired with the federal EITC," said Governor Whitmer. "Michiganders who work full-time but still can't get ahead deserve to keep more of their hard-earned dollars. As part the MI New Economy plan, I set an ambitious goal of lifting 100,000 working families out of Poverty. Delivering on this tax cut for working families will pull over 22,000 Michiganders out of working poverty and make significant progress towards that goal, while raising incomes for 730,000 workers and benefitting nearly 1 million kids-nearly half the kids in Michigan. This refund for working families is a game-changer for so many Michiganders, and I know we can work together to get this done."

Source