Introduced
by
To replace Michigan’s flat-rate income tax with a graduated income tax, starting with a 3% rate on individual income up to $20,000, 4% on income between $20,000 and $40,000, 5% on income between $40,000 and $80,000; 6% up to $125,000; 7% up to $200,000; 8% up to $500,000; 9% up to a $1 million; and 10% on higher amounts. This is contingent on two-thirds of the state House and Senate voting to place Senate Joint Resolution D on the ballot, and a 50%-plus-one vote of the people voting to adopt it. SJR D would repeal the current prohibition in Michigan’s state constitution against a graduated income tax.
Referred to the Committee on Finance
