Court rules Michigan income tax cut was temporary

A reduction to Michigan’s income tax last year was only temporary, according to a ruling from the Michigan Court of Appeals released Thursday. The question stemmed from a Republican-passed law that reduced the state income tax when government revenue growth outpaced the rate of inflation. Due to higher revenues in the 2022 fiscal year, the cut was triggered, lowering Michigan’s tax rate from 4.25% to 4.05%. But it was unclear if the language of the legislation made that cut The Court of Appeals settled the debate Thursday, affirming an earlier...