Small investment, big difference
In 2011, the Michigan Legislature cut the state Earned Income Tax Credit from 20 percent of the federal EITC to 6 percent. That reduction is taking effect for the first time this tax season – and taxpayers across the state are getting a big surprise.
The average eligible family saw its taxes increase by more than $300 with the reduction of the state EITC – and the reduction is estimated to plunge 9,000 Michigan children into poverty.
The Michigan EITC helps reduce poverty, provides an economic stimulus in low income communities, and helps veterans return to civilian life. Please join us in calling on the Michigan Legislature to support HB 4266 and SB 128, which would restore the Michigan EITC to 20 percent.