Stories tagged: "taxes"
If the country defaults on its debt, millions of people would lose their jobs, retirement accounts would be decimated, Social Security payments could be delayed, Medicare and Medicaid benefits could be affected, and military members could see paychecks delayed.
Republicans immediately rejected Biden's plan, but have yet to release their own budget. They have made it clear, however, that they want to apply deep spending cuts to everything from health insurance to food assistance benefits.
Legislation approved by the Michigan Senate on Tuesday will provide relief for retirees by phasing out the retirement tax, and help lower-income families by significantly expanding the state’s Earned Income Tax Credit from 6% to a 30% match of the federal rate.
Michiganders have seen thousands of new jobs, progress on a lengthy list of road repairs, lower costs for families pinched by inflation, and continued efforts to make the state a safer place to live, work and learn.
The Democratic-led Senate on Thursday passed a tax relief bill they say will particularly benefit seniors and working families in Michigan—even without Republican support.
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Biden’s blueprint includes several recently passed laws which are expected to create millions of good-paying jobs in construction, manufacturing, and other sectors.
Dreading filing your taxes? You're not alone. Let us make it a little easier with this list of answers to common questions about tax season, including Michigan-specific information and help.
