Gov. Gretchen Whitmer (File photo)
Gov. Gretchen Whitmer
Tax cuts in election years look good for politicians.
But Gov. Gretchen Whitmer is blasting the Republican-controlled Michigan Senate, which voted Thursday for a $2.5-billion tax cut that proposal that the Democratic governor might veto.
In a letter to legislative leaders, Whitmer called the election-year cut "fiscally irresponsible" and "unsustainable," according to The Detroit News. She asked for Democratic and Republicans to work on a compromise.
The paper reports:
With billions of dollars in surplus funds available, GOP lawmakers in the House and Senate reached their own deal this week on the legislation. It would drop the state's income tax rate from 4.25% to 3.9%, increase tax deductions for seniors and allow parents to claim $500 credits for each of their dependents.
State Sen. Aric Nesbitt, R-Lawton, the proposal's sponsor, labeled it "historic" during a Thursday speech. He and other Republicans have said tax relief is due to residents amid rising consumer prices and the state's finances outperforming expectations.
