Introduced
by
To impose a graduated income tax, with individual rates of 5 percent on the first $5,000 of income, 4.25 percent on income from $5,000 to $75,000, and 8.4 percent on earnings above $75,000. For joint filers these income ranges would be doubled. See also House Joint Resolution G, which would repeal Michigan’s current constitutional prohibition on a graduated state income tax.
Referred to the Committee on Tax Policy
