State Reps. Andrew Beeler and Bill G. Schuette announce their plan to provide tax relief to Michigan families.
The Republican legislators feel that their proposal is a far better plan than what the Democrats have on the table, and will take effect sooner than later.
“Struggling Michiganders shouldn’t have to wait for help just because Democrats want to drag their feet, nor should some senior citizens be put at a disadvantage for political reasons,” says Beeler.
Beeler’s House Bill 4008 would offer seniors 67 and up a $40,000 deduction for single filers or $80,000 for couples filing jointly on all income. It would also enable seniors ages 62 to 66 to deduct public or private retirement income that would increase with the rate of inflation.
The proposed plan would take effect in the 2023 tax year, as opposed to the Democrats plan for a gradual phase-in.
Reporting for WGRT – Choze Powell
