State Rep. Greg Markkanen today said Gov. Gretchen Whitmer’s misguided decision to veto a key tax relief plan will hurt U.P. residents as they continue to see everyday costs spiral out of control.
The legislative plan would have provided $2.5 billion in tax cuts and pension relief for workers, families and seniors. The income tax rate would have been reduced from 4.25 percent to 3.9 percent for all individual payers, in addition to a nonrefundable child tax credit worth $500 for each qualified dependent. Exemptions on income for people 62 and older and retirement income would have seen some seniors eligible for savings of $40,000 as a single filer or $80,000 filing jointly.
“Unfortunately, it appears that Gov. Whitmer does not care about the financial struggles of U.P. residents. She has chosen to brush aside real solutions rather than work with the Legislature to benefit the people. Workers and families have been forced to be incredibly flexible in the face of surging costs. They’re seeing them every time they go to the grocery store, gas station, pharmacy, and elsewhere,” said Markkanen, of Hancock. “They’ve spoken up and said they need less of a burden on their budgets – and the Legislature prioritized being flexible to meet those needs. I will continue to be a voice for the western U.P. and work to bring costs down while letting people keep more of what they earn.”
State Rep. Greg Markkanen on Tuesday joined colleagues in the Michigan House to overwhelmingly advance measures that improve the child welfare system, promote adoption and shore up areas where the adoption and foster care system is falling short.
State Rep. Greg Markkanen recently voted to advance a budget proposal paving the way for needed tax relief for people throughout the U.P. while committing resources to schools, roads, workforce development and other crucial services.
Rep. Markkanen says as the House version of the state’s 2023 Fiscal Year budget heads to the Michigan Senate, he is pleased to see a focus on paying down the state’s long term debt, as well as on tax relief.