Michigan House Republicans
Rep. Bryan Posthumus, R-Kent County; audio on House passage of tax relief legislation.
RELEASE|March 1, 2022

Rep. Posthumus talks about House passage Tuesday of SB 768, which provides an estimated $2.5 billion in annual, ongoing tax relief starting with a rollback in the individual income tax rate to 3.9 percent, down from the current 4.25 percent. Individuals over 62 would see their income exempted from taxes increase to $20,000 for individuals and $40,000 for joint filers. The plan also provides additional relief for families through a $500-per-child income tax credit.

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