(Republican) Tax Increases Affecting More Michigan Residents
LANSING, Mich. In the height of tax season, don't be surprised if you owe more to the taxman in Lansing.
Some major income tax changes approved 21 months ago by Gov. Rick Snyder and lawmakers are just now starting to hit Michigan taxpayers filing their state tax returns.
One of the most significant adjustments: Homeowners and renters used to qualify for a credit if their household income was no more than $82,650 a year. Now they don't get it unless their total household resources are $50,000 or less and their home's taxable value (roughly half the market value) is no more than $135,000.
That will affect about 400,000 returns.
The child deduction is gone. So are special exemptions for seniors and those getting at least half their income from unemployment checks.
MORE...
http://www.mlive.com/politics/index.ssf/2013/02/tax_increases_affecting_more_m.html#incart_river
This gives hope that perhaps we can take back at least the House in 2014. Synder will have some serious problems also...[/b}