Institute on Taxation and Economic Policy (ITEP)

Michigan

brief  

Boosting Incomes and Improving Tax Equity with State Earned Income Tax Credits in 2022

• By Aidan Davis

States continued their recent trend of advancing EITCs in 2022, with nine states plus the District of Columbia either creating or improving their credits. Utah enacted a 15 percent nonrefundable EITC, while the District of Columbia, Hawaii, Illinois, Maine, Vermont and Virginia expanded existing credits. Meanwhile, Connecticut, New York and Oregon provided one-time boosts to their EITC-eligible populations.

blog  

State Rundown 9/7: Labor Day Week Provides Sobering Reminder of Steps Forward, Back

• By ITEP Staff

Though Labor Day has passed, advocates on the ground in states across the country are continuing to uphold the spirit of the labor movement...

blog  

State Rundown 7/27: It’s (Sales Tax) Holiday Season, But Who’s Really Celebrating?

• By ITEP Staff

It’s the holiday season – well, the sales tax holiday season, that is. But after taking a closer look, you may notice that there is little to celebrate...

blog  

Legislative Momentum in 2022: New and Expanded Child Tax Credits and EITCs

• By Neva Butkus

State legislatures across the country made investments in their future, centering children, families, and workers by enacting and expanding state Earned Income Tax Credits (EITCs), Child Tax Credits (CTCs), and other refundable credits this session. In total, seven states either expanded or created CTCs this session. Connecticut, New Mexico, New Jersey, Rhode Island and Vermont […]

brief  

Sales Tax Holidays: An Ineffective Alternative to Real Sales Tax Reform

• By Marco Guzman

Lawmakers in many states have enacted “sales tax holidays” (20 states will hold them in 2022) to temporarily suspend the tax on purchases of clothing, school supplies, and other items. These holidays may seem to lessen the regressive impacts of the sales tax, but their benefits are minimal while their downsides are significant—particularly as lawmakers have sought to apply the concept as a substitute for more meaningful, permanent reform or arbitrarily reward people with specific…

blog  

State Rundown 7/13: Let’s Make a Deal

• By ITEP Staff

From the Bay State to the Golden State, lawmakers across the nation are making deals and negotiating budgets with major tax implications...

blog  

State Rundown 6/29: Sun’s Out, Session’s (Still) In

• By ITEP Staff

Although the sun is shining and Independence Day is right around the corner, many state lawmakers are still indoors hammering out the details of future budgets or still hard at work passing laws...

blog  

State Rundown 6/15: States on Alert as Inflation Concerns Rise

• By ITEP Staff

With inflation dominating headlines both nationally and locally, state lawmakers around the U.S. are searching for ways to put their revenues to good use, and not surprisingly, some options are better than others...

blog  

State Rundown 5/25: Tax Discussions Heating Up as Summer Begins

• By ITEP Staff

While the temperature ticks up outside, the temperature in state legislatures around the country has fallen slightly. But with several states still dealing with ongoing tax and budget issues, this summer could be a hot one...

blog  

State Rundown 4/20: New Tax Changes in Full Bloom

• By ITEP Staff

This Spring looks to be bringing a mix of showers and flowers as states around the nation continue to act on a range of tax proposals...

blog  

Cannabis Taxes Outraised Alcohol by 20 Percent in States with Legal Sales Last Year

• By Carl Davis

In 2021, the 11 states that allowed legal sales within their borders raised nearly $3 billion in  cannabis excise tax revenue, an increase of 33 percent compared to a year earlier. While the tax remains a small part of state budgets, it’s beginning to eclipse other “sin taxes” that states have long had on the books.

blog  

State Rundown 4/6: Late-Session Surprises Pt. 2

• By ITEP Staff

Last week we highlighted how several states were pushing through regressive tax cuts as their legislative sessions are coming to a close. Well, this week many of those same states took further actions on those bills and it’s safe to say we’re even less impressed than before...

blog  

State Rundown 3/23: Spring Brings More Tax Happenings

• By ITEP Staff

Spring is around the corner and like those pesky allergies that come along with it, equally pesky tax proposals continue to pop up in states across the U.S....

blog  

State Rundown 3/16: The Scramble to Curb Rising Gas Prices is On

• By ITEP Staff

Rising gas prices have lawmakers around the country searching for ways to ease the pressure on consumers and almost half the states are considering reducing or temporarily repealing their gas tax, but another idea is taking hold...

Bridge Michigan: Michigan GOP tax cut plan helps wealthy at expense of equity

March 11, 2022

Following is an excerpt from an opEd co-authored by ITEP policy analyst Neva Butkus in Bridge Michigan: At the beginning of 2022, the national Institute on Taxation and Economic Policy (ITEP) forecasted the “tax cut fever” that has been sweeping through state legislatures across the nation — including here in Michigan, with the Legislature’s passage […]

blog  

State Rundown 3/9: One State Stands Out Amid the Avalanche of Tax Cuts

• By ITEP Staff

The avalanche of regressive tax-cut proposals coming out of state legislatures has not slowed over the course of the winter months, but one state has provided a shot of hope to advocates of tax equity...

blog  

State Rundown 3/2: State Tax News When You Need It

• By ITEP Staff

ITEP is happy to announce the launch of our new State Tax Watch page, where you can find out about the most up-to-date tax proposals and permanent legislative changes happening across the country...

The Guardian: ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars

February 25, 2022

Meanwhile, GM has recorded $70bn in profits since 2010 while taking $8bn in subsidies in recent decades – more than all but one company nationwide. The idea that it needed incentives to invest in Michigan “is absurd”, said Matt Gardner, a senior fellow at the progressive-leaning Institute on Taxation and Economic Policy (ITEP). Businesses report that tax subsidies infrequently […]

blog  

State Rundown 2/16: Spending Priorities Emerge as the Votes Are Counted

• By ITEP Staff

State lawmakers have been busy working out deals and negotiating how best to use excess revenues, and as the votes are beginning to come in, spending priorities are becoming clearer...

blog  

State Rundown 2/10: Dems Also Set Sights on Tax Cuts

• By ITEP Staff

While record state revenue surpluses have led to big pushes in red states to make unnecessary permanent income and corporate tax cuts, Democrats are also getting in on the tax-cut mania...

blog  

State Rundown 2/2: The First Tax Cut Domino Falls…

• By ITEP Staff

One-time payments have become a common theme around the country, as Idaho is one of roughly eleven states with plans to provide tax relief in a similar fashion...

blog  

State Rundown 1/26: States Offering Preview of Tax Themes and Trends for 2022

• By ITEP Staff

Governors and legislators are beginning to settle on and advance tax bills that could drastically shape the future of their states and several trends and themes are beginning to emerge...

blog  

State Rundown 11/10: It’s Beginning to Look a Lot Like…Election Season?!

• By ITEP Staff

If the leaves are turning colors and you find yourself walking out of the office into pitch-black darkness, it only means that time of the year is upon us—and no, I'm not talking about the holiday season. Before that, it’s the equally important election season...

blog  

State Rundown 10/27: Pumpkin Spice & Everything Nice

• By ITEP Staff

The end of Spooky Season is near but that hasn’t stopped state lawmakers from adding their frightening plans into the bubbling cauldron of bad tax policy ideas...

blog  

State Rundown 10/13: Haven Sent Edition

• By ITEP Staff

The release of the ‘Pandora Papers’ showed once again that states and their tax systems play an important role in wealth inequality, and in this case, worsening it...