Written by Anne Savage

Snyder and Taxes

Snyder and Taxes by Anne Savage

If you live in Michigan, chances are Republican Rick Snyder has raised your taxes -

unless you’re a corporation.

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• Donations to food banks, shelters, and food kitchens: eliminated.
• Donations to charities: gone.

• Deduction for children in the family: ended. This costs Michiganders $57 million every year.

• Homestead Property Tax Credit (HPTC) has been taken away for over a quarter million Michiganders with incomes between $50,000 and $82,650.

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The poorest Michiganders pay 1.0% of their income in taxes vs. 0.001% for the top earners – 1000 times more.

• Earned Income Tax Credit (EITC) for the working poor cut from 20% to 6% of the federal credit – a 70% cut, pushing an estimated 14,000 more children into poverty.
• Only half of the working poor that qualify for the EITC will also qualify for the HPTC.

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Cuts to revenue sharing, education, and of government services have forced local municipalities to raise taxes at the local level for:


• Road repairs
• Public safety
• School funding
• Libraries





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So what are we getting for these higher taxes we’re paying?

5th highest unemployment rate in the nation — 22% higher than the national average.

Michiganders know trickle down economics doesn’t work.
But Rick Snyder doesn’t care.