Introduced by Rep. Jim Townsend D-Royal Oak on March 12, 2015
To impose a graduated income tax ranging from 3 percent on the first $20,000 of income ($40,000 for a joint return) to 10 percent on annual income above $1 million. This is linked to House Joint Resolution K, which would repeal Michigan’s constitutional prohibition on imposing a graduated state income tax. Official Text and Analysis.
Referred to the House Tax Policy Committee on March 12, 2015