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Michigan income tax calculator

Michigan tax cuts: Calculate how proposals would impact you

Gov. Rick Snyder and Michigan legislators are trying to stave off a state tax increase for most taxpayers after the recent federal tax overhaul essentially eliminated the state exemption. Some Republican lawmakers want to go beyond Snyder's proposal, and are considering measures that would include an immediate income tax cut and bigger ones in later years ‒ which would trigger bigger drops in state revenue.

Enter the number of tax exemptions you take to see how the different proposals would affect you, and the state budget. 

Gov. Snyder's proposal

Year$ per exemption
(current law)
Taxpayer savings
above current law
Impact on state
revenue
2018$4,000 ($4,000)no savingsNone
2019$4,150 ($4,100)$ -$8 million
2020$4,375 ($4,200)$ -$45 million
2021$4,,500 ($4,300)$ -$60 million

House proposal

Year$ per exemption
(current law)
Taxpayer savings
above current law
Impact on state
2018$4,300 ($4,000)$ -$45 million
2019$4,600 ($4,100)$ -$158 million
2020$4,800 ($4,200)$ -$173 million
2021$4,800 ($4,300)$ -$158 million

Senate proposal

Year$ per exemption
(current law)
Taxpayer savings
above current law
Impact on state
2018$4,500 ($4,000)$ -$111 million
2019$4,600 ($4,100)$ -$184 million
2020$4,700 ($4,200)$ -$150 million
2021$5,000 ($4,300)$ -$189 million

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