Detroit Free Press: House Panel Approves Gradual Elimination of Income Tax

And Gilda Jacobs, executive director of the Michigan League for Public Policy, said that according to a study by the Institute on Taxation and Economic Policy, the tax relief for the lowest earners–less than $22,000 a year–would be only $16 per year while the wealthiest earners–more than $484,000–would get a tax benefit of $3,700 a year. The average Michigan worker with an annual wage of $50,000 would see a tax savings of $150 a year.

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