LANSING — House and Senate Republicans unveiled a plan today to adjust the state income tax in order to offset the Trump tax increase, including increasing the state personal exemption to $4,800 and — in the House Republican plan — introducing a $100 senior tax credit to all taxpayers over the age of 62. The plans do not address other issues with the tax bill, including new federal incentives to send jobs overseas. In response, House Democratic Leader Sam Singh (D-East Lansing) issued the following statement:
“We’re glad to see House and Senate Republicans adopting some of the ideas that House Democrats have been advocating for the past seven years, ever since the governor and legislative Republicans increased taxes on working families and seniors. We still have a long way to go to make up for all of the tax deductions and credits that Republicans took away from Michigan taxpayers.”