News Story

Breaking Tax Cut Promise In 2011 Cost Michigan Taxpayers $4.3 Billion (So Far)

In 2007, Democratic Gov. Jennifer Granholm signed what was labeled as a temporary tax hike, taking the Michigan income tax from 3.9 percent to 4.35 percent. One provision would have reversed the increase by 0.1 percent a year starting in 2011.

But in 2011, Gov. Rick Snyder and a Republican Legislature canceled all but one of those annual rollbacks. As a result, since that year Michigan income taxpayers have sent a total of $4.3 billion more to Lansing than would be the case had the tax cut promise been kept.

Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.