Punishing the job creators!-----18,300 Michigan households could pay more under proposed education tax hike

New tax could push state to fourth-highest income tax rate behind California, New York and Oregon - Scott McClallen

“Michigan currently charges a 4.25% income tax on all income,” he told CapCon in an email. 

• “The proposal would create a new tax bracket and charge its taxpayers another 5%. 
• In addition, Michigan allows local governments to assess income taxes. 
• This means that high-earning taxpayers in Detroit would be subject to 48.65% tax rates when including federal, state and local income taxes. 
• Taxpayers in Grand Rapids would be subject to 47.75% in income taxes.”

The group behind the proposal to add another tax bracket to the Michigan tax system, Invest in Mi Kids, must collect 446,000 valid signatures within 180 days to place its plan on the November 2026 general election ballot.
The proposal aims to amend the Michigan Constitution, which requires any state income tax to be set at a single rate. 

Under the proposal, the rate would go up for single filers who report more than $500,000 in income and joint filers who report more than $1 million in income...