Looming tax triggers spell trouble for Michigan

pdficonMay 2018
Vikki Crouse, State Policy Fellow

Personal Income Tax (PIT) triggers are a bad choice for Michigan. Here’s why:

  1. Policymakers do not have enough information to know if they are affordable.
  2. They can trigger during economic downturns or other times when revenues are badly needed.
  3. They primarily benefit the top one percent of taxpayers.
  4. They enable policymakers to claim credit for cutting taxes while avoiding accountability for the consequences.

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