Governor Gretchen Whitmer, Senate Majority Leader Winnie Brinks, and Speaker Joe Tate rolled out the Lowering MI Costs Plan, which will deliver the largest tax break to Michiganders in decades. The plan rolls back the retirement tax, boosts the Working Families Tax Credit, and delivers inflation relief checks to every taxpayer.
“The #1 concern for Michiganders right now is costs,” said Governor Whitmer. “Our Lowering MI Costs plan puts money back in people’s pockets by rolling back the retirement tax, quintupling the Working Families Tax Credit, and delivering inflation relief checks to every taxpayer. Getting this done will help people pay the bills and put food on the table as inflation impacts their monthly budgets. I am proud that we are hustling to get this done and deliver real, immediate relief to Michiganders.”
“House Democrats heard from Michiganders across our state that they want us to repeal the retirement tax,” said Speaker Joe Tate. “Their priorities are our priorities. With the passage of this plan, we are making good on our promise to the people of Michigan. Lowering MI Costs gives retirees back their hard-earned money, puts dollars into the hands of working families, and delivers much-needed relief from inflation for people across our state. This is meaningful relief at a time when Michiganders truly need it. I am proud of my colleagues in both chambers and the governor for her leadership to get this done.”
“This announcement is a tremendously exciting moment for Michigan,” said Senate Majority Leader Winnie Brinks. “It includes key promises that Democrats have been talking about in coffee shops and townhalls and at our neighbors’ doors for years. It reflects what we have been hearing from Michiganders and what we have been working to deliver: lowering costs, combating the pinch of inflation, and providing real, immediate relief for the people of our state.”
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