Introduced
by
To impose a graduated income tax, with rates ranging from 3 percent to 6 percent on annual incomes ranging from $20,000 to $80,000, with higher rates on larger amount topping at 10 percent on income above $1 million. See also Senate Joint Resolution I and House Joint Resolution K, which would repeal Michigan’s current constitutional prohibition on a graduated state income tax.
Referred to the Committee on Finance
