January 3, 2019

Record Eagle (Mich.): Help Michigan’s Poor by Scrapping Gas Tax

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ndeed, the Institute on Taxation and Economic Policy finds the Michigan tax code to be a matter of “soak the poor and middle class, spare the wealthy.” According to ITEP, the total Michigan tax rate on the top 1 percent, with average income of $1,164,700, is 5.1 percent. This includes all Michigan taxes.

The lowest 20 percent pays 9.2 percent rate. Not all that long ago, Michigan was one of the 10 most regressive tax systems in the country, according to ITEP. Read more



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