Michigan Public Radio: On the Road to Another Tax Increase That Will Hit Low-Income Earners the Hardest
media mentionWhy bring it up now? Because right now Michigan leaders are considering another tax increase that will have a disproportionate impact on the state’s working poor.
Before we dive into that, here is some context to consider: According to an analysis from the Institute on Taxation & Economic Policy, low-income earners in Michigan already face the highest tax burden of any income group. Here’s a table from ITEP’s website: