Mich. House Sends Tax Changes To Gov. Snyder 5-12-2011 - WNEM TV 5

Mich. House Sends Tax Changes To Gov. Snyder 5-12-2011

Gov. Rick Snyder has won a key victory with Senate and House approval of a broad plan to cut business taxes and raise income taxes for some Michigan residents.
The Republican-led Senate passed the main bill in the package Thursday by a 20-19 vote. The Republican House majority approved the bill 56-52. It now goes to the Republican governor for his signature.
Some Republicans joined Democrats opposing the bill. Following the bill's passage, Snyder tweeted under his Twitter handle "onetoughnerd" that "This is how we reinvent Michigan."
The tax proposal is key to the governor's plan to reinvigorate the state and make it more competitive for attracting businesses.
Democrats said the overall business tax cuts come largely at the expense of retirees who will have some of their income taxed and lower-income workers.
Some Republicans opposed the bill because of its income tax provisions.
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