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All content tagged: "tax credits"

By Jake Neher

Democrats in Lansing want to restore the state’s Earned Income Tax Credit for low-income residents. The credit has been cut to less than a third of what it was a couple years ago...

By Jake Neher and Brad Aspey

The top Republican in the state Senate says he’ll fight to uphold incentives for the film industry in Michigan.

Governor Rick Snyder’s proposed...

By Bob Allen

The U.S. Senate voted down a measure to extend tax credits for renewable energy yesterday. The vote was 49 for and 49 against, but it needed 60 votes to pass.

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By Bob Allen

U.S. Senator Debbie Stabenow from Michigan is trying to extend tax credits for renewable energy. Some of the credits expired last year and others will expire at the end of...

By Rick Pluta

Democrats at the state Capitol today outlined a small business package to help companies that typically employ fewer than a hundred people.

State Representative Vicki...

CORRECTION: In all cases where we referred to "tax credits" in this story, we should have used the term "tax increment financing." We regret the error.

As explained by the developer, tax increment financing, or TIF, is...

By Rick Pluta

Two-thirds of Michigan businesses are in line for a tax rollback next year. The rest will pay a six-percent tax on profits. Pensions in Michigan will be taxed for the first time....

By Rick Pluta

The budget deal struck last week between Governor Rick Snyder and legislative leaders would reduce the amount of money directed toward redeveloping abandoned factories and...

By Laura Weber

It appears Republican leaders in the state Senate are having trouble finding enough support to approve Governor Rick Snyder's tax overhaul.

Senate Majority Leader Randy...

By Rick Pluta

The Snyder administration changed its position on tax breaks and working poor families. The administration did an about-face on eliminating the earned income credit, and now says...

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