LaGrand Votes for Tax Cuts in Support of Families and Businesses

LANSING, Mich., May 19, 2022 — The House of Representatives voted today in favor of a plan to provide tax relief for Michiganders by cutting $2.7 billion in income and property taxes. The plan would lower the income tax rate from 4.25% to 4%, raise the personal exemption on income taxes, add a new $500 per child tax credit and expand the earned income tax credit (EITC). State Rep. David LaGrand (D-Grand Rapids) issued the following statement in support of the tax cuts:

“I was more than glad to vote in favor of legislation that assists our Michigan families and supports local businesses. In Grand Rapids and all over Michigan, folks are feeling the devastating impacts from raising costs at the pump and increasing prices in grocery stores. Plus, families are still recovering from hardships brought on by the pandemic. Let’s be real: Michiganders deserve and need a break. That’s exactly what this tax cut would provide — a much needed and deserved break to Michigan families and businesses.”