Governor Whitmer’s initiative promises tax refund checks averaging $550 to around 700,000 qualifying low-income households next year in Michigan. This program targets individuals meeting the 2022 Earned Income Tax Credit criteria, including adults earning under $59,187. From legislation passed in March by the Democratic-led Legislature, it increases the state tax credit from 6% to 30% of the federal amount. The impending check distribution aims to significantly expand the tax credit, providing crucial aid to workers and families with modest incomes.
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Michigan Governor Gretchen Whitmer Announces Remarkable Tax Refund Initiative
Governor Gretchen Whitmer has announced that Michigan will give tax credit return checks worth an average of $550 to about 700,000 households at the start of next year. This is the first time that this has ever been done to help low-income families. The return program is only for people who qualified for the Earned Income Tax Credit in 2022, when the total income of all adults earning less than $59,187.
The groundbreaking project is the result of a law passed by the Democratic-led Legislature in March that raised the state tax credit from 6% of the federal amount to 30% of the federal amount. The checks are expected to speed up the planned growth of the tax credit, which will help workers and families with lower incomes.
Republican lawmakers stopped the legal process because of a larger debate over cutting taxes on income. The law, however, meant for Governor Whitmer’s administration to save money so that the money could be given back to people for the 2022 tax year.
READ ALSO: Whitmer plan would give rebates to Michiganders who buy new EV, other cars.
Efforts to Support Low-Income Families
Half of Michigan’s children will likely gain directly from this one-of-a-kind drive. According to Governor Whitmer, the extra money could help with paying off debts, buying food, and getting necessary school materials. According to Whitmer’s news, taxpayers who were eligible for the Earned Income Tax Credit in the 2022 tax year will easily get their refund checks. Of course, people who have moved or need to change their shipping addresses can do so by hand by going online, calling, or sending us a letter.
This amazing project shows how much Governor Whitmer wants to help low-income families and grow the economy in Michigan, giving people important relief when it means the most.
READ ALSO: Michigan attorney general investigating $25M grant to ex-House speaker’s aide.
