Michigan Earned Income Credit May Be Reduced by 70%, Not Eliminated

As reported by Michigan Radio:

Governor Rick Snyder's administration has agreed to restore a reduced version of the state income tax credit for working poor families.

The reduced tax break will allow families that qualify to claim 6% of the federal earned income credit on their state taxes.

In the past families could claim 20%.

Snyder's original proposal called for elimination of the credit.

news.michiganradio.org/post/instead-axing-it-plan-calls-reducing-tax-credit-working-poor