State Rep. Bob Bezotte today expressed disappointment after Gov. Gretchen Whitmer vetoed the Legislature’s bipartisan proposal to provide tangible tax savings for Michigan workers and retirees as the state continues to be gripped by skyrocketing inflation.
“The governor had a grand opportunity to provide much-needed relief to Michiganders, but chose to keep it from them” said Bezotte, of Marion Township. “She claimed she shared our mission to provide relief to the people of Michigan, but her actions speak louder than words.”
Senate Bill 768, a $2.5 billion tax relief plan, would have reduced Michigan’s individual income tax rate from 4.25% to 3.9%, reducing the burden on working families. The plan would have also allowed parents to receive a child tax credit of up to $500 per dependent under the age of 18. Seniors would also have been in line for additional relief. The income exempted from taxes for those 62 and older would’ve risen to $20,000 for individual filers and $40,000 for joint filers. An additional exemption would’ve been applied specifically to retirement income – also at $20,000 for single filers and $40,000 for joint filers.
Rep. Bob Bezotte today supported a historic plan in the House to secure rural broadband funding, fix roads, protect drinking water, upgrade parks and make other important improvements to state and local infrastructure.