Democrats Push to Restore Michigan Tax Credit - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Democrats Push to Restore Michigan Tax Credit

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LANSING, Mich. (AP) - Democrats and advocates for the poor are pushing to fully restore a Michigan tax credit for low-income earners.
    
The working poor used to qualify for a tax credit worth 20 percent of a similar federal tax credit. Now it's 6 percent under changes approved by Gov. Rick Snyder and Republican lawmakers in a 2011 tax overhaul.
    
The Save Our EITC coalition says the average family eligible for the tax credit is now seeing a $300 annual tax increase. Advocates say the credit reduces poverty and provides an economic stimulus in poorer communities.
    
A press conference is scheduled for Tuesday afternoon in Lansing.
    
The GOP has resisted calls to restore some or all of Michigan's low-income tax credit. But Democrats could insist on it in exchange for supporting Snyder's road-funding plan.

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