Encourages House to Vote to Return Money to Taxpayers Struggling with Inflation in Whitmer-Biden Economy
LANSING, MI – The Michigan Freedom Fund praised members of the State Senate today for passing SB 768, which would cut income taxes for the people of Michigan who have been impacted by rising inflation while the state government has a $20 billion surplus. While inflation nationally is at a 40-year high, prices in Michigan have been rising fasterthan the rest of the country, even as personal incomes are declining.
“We applaud the Republican members of the Senate who voted to cut the state income tax and return a billion dollars to the people of Michigan,” said executive director Tori Sachs. “The state has a $20 billion budget surplus and recently handed out a billion dollars to just one company. Instead of spending the taxpayers’ money on more projects for Whitmer’s special interests, the Senate voted to give it back to the people. The State House should do the same and quickly vote to return this money to taxpayers who are struggling with record inflation in the Whitmer-Biden economy.”
Senators who voted in favor of the bill are:
Senator Aric Nesbitt Senator Tom Barrett Senator Lana Theis Senator John Bizon Senator Jon Bumstead Senator Kevin Daley Senator Ken Horn Senator Mark Huizenga Senator Ruth Johnson Senator Kim LaSata Senator Dan Lauwers | Senator Mike MacDonald Senator Ed McBroom Senator Rick Outman Senator Jim Runestad Senator Wayne Schmidt Senator Mike Shirkey Senator Jim Stamas Senator Curt VanderWall Senator Roger Victory Senator Doug Wozniak Senator Dale Zorn |
The Senate bill would reduce the state income tax from 4.25% to 3.9%. It now goes to the Michigan State House.
The Michigan Freedom Fund works to advance conservative ideas, hold our government accountable to taxpayers, and protect Freedom, opportunity, and workers’ Constitutional rights. For more information, please visit MichiganFreedomFund.com.