LANSING, Mich. — State Sen. Aric Nesbitt, R- Lawton, on Friday issued the following statement after Gov. Gretchen Whitmer signaled she will veto tax cuts for Michigan families and seniors still struggling to recover from her unilateral pandemic shutdowns and battling against record inflation brought on by reckless Washington spending:
“I have serious concerns about a governor who prefers to use Michigan’s massive budget surplus to grow the size of our state government instead of returning money to taxpayers facing historical economic challenges. As usual, her words are disappointing but not surprising. Mostly, I am disappointed for the countless Michiganders who are struggling to afford groceries, heat their homes, fill their gas tanks, and so many more daily expenses. Gov. Whitmer has not only voiced her refusal to sign the bill, she has refused to help workers, families, and seniors when they need it most.”
Senate Bill 768, which was first introduced by Nesbitt, was given final approval by the state Senate on Thursday after passing both legislative chambers. It would help Michigan families by reducing the state’s income tax from 4.25% to 3.9% and creating a $500 tax credit for each child under the age of 19. It would also increase the tax exemption for seniors up to $40,000 for individuals and $80,000 for couples and lower the age threshold from 67 to 62.