Thursday, February, 10th 2023
I voted NO on HB 4001 (Rep. Witwer) would amend the Income Tax Act by combining the Retirement tax changes that were previously passed in the bill, the House-passed EITC increase from HB 4002, and adds an appropriation, a deposit to the “SOAR Fund” that would bypass the typical legislative oversight transfer process and prevent the expected income tax trigger from happening. EXPLANATION: This bill is stuffed with corporate welfare, once again the state is picking winners and losers in the market which I am firmly against. I am for cutting retirement taxes for everyone but will not vote yes on minor tax cuts for a few when it is unnecessarily attached to other poor policies and doesn’t provide uniform relief for everyone. Additionally, this doesn’t appear to have sufficient Constitutional support pursuant to Article 4, Section 30 of the Michigan Constitution.
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