State Rep. David Martin this evening voted against legislation that skews the tax code to favor seniors with public pensions over autoworkers and others with private pensions, 401(k) plans, or other retirement accounts.
Martin, of Davison, said the convoluted plan being pushed by Democrats also delays relief for years; in contrast to a plan introduced by House Republicans that provides fair tax savings to Michigan seniors by treating all retirees the same, regardless of their source of retirement income. The proposal Martin supports would also offer relief to working seniors.
“We have so many retired autoworkers in our community who worked hard their entire lives to earn their retirement,” Martin said. “The plan Gov. Whitmer and the Democrats in the Legislature are pushing would require them to continue paying taxes on their retirement income while people with public pensions pay none. That’s not fair. I cannot support it.”
The plan Martin supports, House Bill 4008, which would enable seniors 67 years and older to deduct $40,000 of all income from the state income tax, or $80,000 for couples filing jointly. The plan would further enable seniors ages 62 to 66 to deduct $20,000 of retirement income for individuals or $40,000 for joint filers. Deduction amounts would increase with inflation.
The Republican proposal would take full effect in tax year 2023, while the plan passed by Democrats would take years to fully implement relief.
State Rep. David Martin today invited residents to meet with him during his upcoming office hours in Burton and Goodrich. Local office hours are an opportunity for residents to meet face-to-face with Rep. Martin to share their thoughts, questions, and concerns. The meetings are open to the public, and no appointment is necessary to attend. […]
State Rep. David Martin, Republican vice chair of the House Natural Resources Committee, released the following statement after Democrats were unable to push Senate Bills 393-394 out of committee on Thursday: “In her rush to relinquish environmental decision-making to unelected bureaucrats, the committee chair either forgot to do the math or doesn’t understand basic House […]
By State Rep. David Martin, R-Davison and David Prestin, R-Cedar River Unelected bureaucrats far too often wield significant influence in state government, crafting rules and regulations that impact our daily lives. In Michigan, nowhere is this more apparent than within the Department of Environment, Great Lakes and Energy (DEGLE), which exerts its authority through a […]
State Rep. David Martin, R-Davison, today paid tribute to the work Blue Star Mothers do to support the armed forces, military families, and veterans throughout Michigan. Founded in Michigan, Blue Star Mothers of America, Inc. is a national organization comprised of mothers of members of the military. Martin’s resolution recognizes Feb. 1 as Blue Star […]