State Senator Proposes Tax Credit For Back To School Buys - WLNS TV 6 Lansing - Jackson | Your Local News Leader

State Senator Proposes Tax Credit For Back To School Buys

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(WLNS) - With the start of public schools just around the corner a state senator is proposing a way to make buying school supplies more affordable.  Senator Jim Ananich (D-Flint ) has introduced legislation that would give taxpayers a credit of up to $1000 for qualified purchases of school supplies like books, computer programs, and science equipment.  Similar credits are already in place in Minnesota and Illinois.

“Every dime counts when it comes to securing a good education for our students,” said Ananich. “Hopefully this legislation will help provide some relief for families who are just trying to make sure their kids have everything they need to succeed.”

Huntington Bank has revealed in a
recent study that materials for public elementary students could cost on average around $642, middle schoolers $918, and $1,284 for high school supplies and fees.

Many states have special
sales tax holidays that apply to purchases of a variety of products.  Michigan currently is not one of those states.

What would you prefer: Tax credits for school supplies or a sales tax holiday for a period of time? 

Join the discussion on www.Facebook.com/WLNS-TV or follow @WLNS on Twitter.


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