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Canvassers approve summary for Invest in MI Kids 'fair‑share' surcharge proposal
Summary
After two hours of debate, the Board of State Canvassers on June 27 approved a 100‑word summary for a proposed constitutional amendment from Invest in MI Kids that would add a 5% surcharge on annual taxable income above specified thresholds and direct revenue to the state school aid fund; opponents called the measure a graduated income tax and
The Michigan Board of State Canvassers approved a 100‑word summary June 27 for a proposed constitutional amendment from Invest in MI Kids that would add a 5% surcharge on annual taxable income above $1,000,000 for joint filers and $500,000 for single filers and dedicate revenue to the state school aid fund.
Sponsor representatives said the summary should use the term “surcharge” to convey an additional tax rather than alter the state’s current income tax structure. Rowan…
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