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Take Action to Repeal the Tax on Retirement Income! copy
When the state government experienced a budget deficit in 2011, Public Act 38 reduced a promised, long-standing income tax exemption for pension income based on pensioners’ birthdates. State officials at that time estimated that taxing senior and retiree pensions would bring in hundreds of millions of dollars. This proved accurate. Since 2011, we’ve seen efforts on both sides of the aisle to repeal the taxation of seniors’ retirement income, but the tax continues.
It’s time to take action to repeal the tax on retirement income and return some of the current surplus to seniors and retirees. I stand with the members of the Michigan Association of Retired School Personnel and urge you to provide tax relief to the seniors and retirees who helped bail the state out of tough budgetary times for the past decade.
Repeal the Tax on Retirement Income
It is time to take action and REPEAL the tax on retirement income that has burdened Michigan seniors and retirees for the past decade.
When the state government experienced a budget deficit in 2011, Public Act 38 reduced a promised, long-standing income tax exemption for pension income based on pensioners’ birthdates. State officials at that time estimated that taxing senior and retiree pensions would bring in hundreds of millions of dollars. This proved accurate. Since 2011, we’ve seen efforts on both sides of the aisle to repeal the taxation of seniors’ retirement income, but the tax continues.
I stand with members of the Michigan Association of Retired School Personnel and urge you to provide tax relief to the seniors and retirees who helped bail the state out of those tough budgetary times. It is time now, when state coffers are full, for policymakers to return some of the current surplus to seniors and retirees who had not expected or planned for this tax increase prior to retirement.
Tax Relief for Seniors is Long Overdue
It is time now, when state coffers are full, for policymakers to repeal the tax on retirement income that has burdened seniors and retirees for the past decade.
When the state government experienced a budget deficit in 2011, Public Act 38 reduced a promised, long-standing income tax exemption for pension income based on pensioners’ birthdates. State officials at that time estimated that taxing senior and retiree pensions would bring in hundreds of millions of dollars. This proved accurate. Since 2011, we’ve seen efforts on both sides of the aisle to repeal the taxation of seniors’ retirement income, but the tax continues.
I stand with members of the Michigan Association of Retired School Personnel and urge you to take action in support of tax relief for the seniors and retirees who helped bail the state out during tough budgetary times.
MARSP Members Seek Tax Relief for Seniors
When the state government experienced a budget deficit in 2011, Public Act 38 reduced a promised, long-standing income tax exemption for pension income based on pensioners’ birthdates. State officials at that time estimated that taxing senior and retiree pensions would bring in hundreds of millions of dollars. This proved accurate. Since 2011, we’ve seen efforts on both sides of the aisle to repeal the taxation of seniors’ retirement income, but the tax continues.
It is time now, when state coffers are full, for policymakers to return some of the current surplus to seniors and retirees who helped bail the state out of those tough budgetary times. I stand with members of the Michigan Association of Retired School Personnel and urge you to take action – alleviate this unexpected, decade-long burden – and REPEAL the taxation of retirement income.
It's Time to Repeal the Tax on Retirement Income
Seniors and retirees have carried the weight of the pension tax for far too long. I stand with members of the Michigan Association of Retired School Personnel and urge you to provide tax relief to the seniors and retirees who had not expected or planned for this tax increase prior to retirement.
When the state government experienced a budget deficit in 2011, Public Act 38 reduced a promised, long-standing income tax exemption for pension income based on pensioners’ birthdates. State officials at that time estimated that taxing senior and retiree pensions would bring in hundreds of millions of dollars. This proved accurate. Since 2011, we’ve seen efforts on both sides of the aisle to repeal the taxation of seniors’ retirement income, but the tax continues.
It’s time to REPEAL the tax on retirement income. Alleviate this decade-long burden and return some of the current surplus to the seniors and retirees who helped bail the state out during tough economic times.