One of Gov. Rick Snyder’s proposed budget cuts is to repeal a welfare benefit called the “Earned Income Tax Credit.” Currently, the program redistributes around $340 million annually from Michigan taxpayers to low-income workers.
Michigan did not offer this form of welfare until 2008, and today is one of just 20 states* that do. Only five states offer a benefit more generous than Michigan’s.
*Three states offer tax credits for low-income workers that are not "refundable," and so are not welfare benefits because the state doesn't hand out checks to anyone.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.