A new report from the Michigan League of Human Services shows just how much the Republican tax hikes are expected to hurt Michigan families.
Just a reminder in case you don't know what Michigan Republicans did:
- 51% of families will pay higher taxes.
- The Earned Income Tax Credit - which rewards people for work - was drastically reduced.
- The child tax credit was also reduced.
- The tax deduction for charities has been eliminated, costing you an extra $435 if you donate $10,000 per year to good causes.
- Pensions are now being taxed.
State Rep. Jud Gilbert, R- Algonac, chair of the House Tax Committee, says the bills were part of a larger package aimed at streamlining the tax code. He says about $1.4 billion in tax credits, including tax credits to businesses, were eliminated. The package also reduced the Earned Income Tax Credit - another credit for the poor - from 20 percent to 6 percent of the federal credit.
“I think what we’ve done in the revamping of the tax code,” says Gilbert,” is people are paying the same rate on the same amount of income. “
"Streamlining the tax code." Boy, we've sure heard that quite a bit from conservatives. It's a line that ignores a simple truth: Life isn't black-and-white. Not everybody can afford to pay the same on everything.
For a Party that claims to be all about Christian values, they sure don't act like they take Matthew 25 to heart.