March 8, 2017
According to Gilda Jacobs, executive director of the Michigan League for Public Policy, the tax relief for the lowest earners at less than $22,000 a year would be only $16 per year, while the wealthiest earners at 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.
Jacobs said those statistics were provided by the Institute on Taxation and Economic Policy.
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