Snyder’s state personal exemption restoration is right fix for federal tax change

For Immediate Release
January 8, 2018

Contact:
Alex Rossman
arossman@mlpp.org
517.487.5436

LANSING—The Michigan League for Public Policy issued the following statement on Governor Rick Snyder’s proposal to uphold Michigan’s personal exemption in light of the recently-passed federal tax plan that stands to raise residents’ state taxes. This statement can be attributed to Michigan League for Public Policy President & CEO Gilda Z. Jacobs.

“Governor Snyder’s proposal to restore the state personal exemption is the right move and the fairest approach to benefit all taxpayers at all income levels equally. This fix is needed quickly to provide Michigan taxpayers some clarity as they plan for the next tax year, and hopefully the Legislature will heed this urgency and embrace this equity.

“But instead, some Republicans are using this problem to again tout a state income tax rollback that will disproportionately benefit the wealthy. As we asserted all last year, that is the short-sighted, imbalanced and politicized approach—the exact opposite of what Michigan workers and their families really need. We know that 2018 is an election year, but we hope that doesn’t start derailing sound public policy already.”

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The Michigan League for Public Policy, www.mlpp.org, is a nonprofit policy institute focused on economic opportunity for all. It is the only state-level organization that addresses poverty in a comprehensive way.