U.S. News. May 2022. The Michigan Legislature passed a $2.6 billion tax plan that includes an increase in the state’s Earned Income Tax Credit (EITC) from 6 to 20 percent of the federal credit and creating a $500 state Child Tax Credit (CTC).
U.S. News. May 2022. The Michigan Legislature passed a $2.6 billion tax plan that includes an increase in the state’s Earned Income Tax Credit (EITC) from 6 to 20 percent of the federal credit and creating a $500 state Child Tax Credit (CTC).