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Coverage dated March 27, 2023 to March 29, 2023

State treasurer: Michigan taxpayers will see income tax cut next year

Headline from CBS News, on the newest of 2 developments

State officials say the income tax is dropping from 4.25% to 4.05%, which is the first time the state will see a decrease to its lowest since 2007.

CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Michigan attorney general says income tax cut is temporary

    Headline from CBS News ·

  2. Newest

    State treasurer: Michigan taxpayers will see income tax cut next year

    Headline from CBS News ·

Read the reports

Reports & sources

10 articles, oldest first.

  1. Fox News

    Michigan AG Nessel says income tax cut temporary (opens Fox News)

    Published

    Fox News's feed description

    Democratic Michigan Attorney General Dana Nessel said Tuesday that an income tax cut expected to be levied this year is impermanent, and rates will revert back to normal in 2024.

  2. CBS News

    Michigan attorney general says income tax cut is temporary (opens CBS News)

    Published

    CBS News's feed description

    The law, enacted by the Republican-controlled Statehouse at the time, provides a mechanism to reduce the income tax rate when the percentage increase in the general fund exceeds the inflation rate during a fiscal year.

  3. Bridge Michigan

    Michigan income tax rate to drop to 4.05 percent, but just for one year (opens Bridge Michigan)

    Published

    Bridge Michigan's feed description

    Michigan’s soaring revenues mean the state income tax rate will fall from 4.25 to 4.05 percent in 2023 tax year, according to the state treasury. The rate will go back up the next year following a legal opinion from Democratic Attorney General Dana Nessel.

  4. WLNS Lansing

    Treasurer announces income tax cut for Michiganders (opens WLNS Lansing)

    Published

    WLNS Lansing's feed description

    Michigan Treasurer Rachel Eubanks announced on Wednesday that the state’s income tax will decrease to 4.05% for one year.

  5. CBS News

    State treasurer: Michigan taxpayers will see income tax cut next year (opens CBS News)

    Published

    CBS News's feed description

    State officials say the income tax is dropping from 4.25% to 4.05%, which is the first time the state will see a decrease to its lowest since 2007.

  6. Winchester Star

    Michigan taxpayers to receive income tax reduction next year (opens Winchester Star)

    Published

    Winchester Star's feed description

    Michigan's income tax rate will be lowered to 4.05% from 4.25% next year due to the state's high revenues. State Treasurer Rachel Eubanks announced the lower rate Wednesday. The reduction

  7. Bridge Michigan

    Michigan is cutting income taxes for 2023. How much will you save? (opens Bridge Michigan)

    Published

    Bridge Michigan's feed description

    Michigan’s income tax rate will drop from 4.25 percent to 4.05 percent in 2023. Use our calculator to see an estimate of how much you will save.

  8. Fox2 Detroit

    Michigan residents to see income tax cut next year - here's how much residents will save (opens Fox2 Detroit)

    Published

    Fox2 Detroit's feed description

    The tax cut is only temporary, the Michigan attorney general said this week. Republicans pushed back, saying it should be permanent.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

State treasurer: Michigan taxpayers will see income tax cut next year | Since Then