a:5:{s:11:"description";s:2001:"_____________________________________________
PREVIOUS POLL RESULTS:

Should the Michigan Legislature pass a bill to repeal the pension tax on seniors and the Homestead Property Tax Credit?

Yes - 65%
No - 27%
Undecided - 8%

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Senior Tax

The so called pension tax was also available on other types of retirement funds. The Michigan Tax system allowed an annuity to be treated as pension tax. This was a tax increase for all retired people. The Homestead exemption was cut on the middle class. It need to be restored and the pension tax stopped.

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Pension Tax was on ALL

The last comment is NOT correct. Ask any money manager. Your 401K could be annuitized and then was treated just like a "pension" in Michigan Law. The pension tax was a tax increase on ALL seniors.

Even John Nixon stated we could change the Michigan Business Tax and balance the budget without placing more taxes on the seniors.

This bill IS very Republican.

It was a mistake by the Governor and will cost republican seats.

------------------------------------------------- COMMENT #3 -----------------------------------------

Not smart, and not Republican

The "pension tax" is actually an exemption for public sector pensions that, you guessed it, the rest of us do not receive. Now that the public sector has a large gap in its favor in benefits, including pensions, it is inconceivable that we would allow the much-higher pension income for the public sector to the income-tax-free, while making small business persons and other pay taxes on theirs.

Please take note, legislators.

------------------------------------------------- COMMENT #4 -----------------------------------------

tax rate

Lower the rate if you are lowering the tax. Keeping it simple keeps it equitable.";s:4:"cols";s:2:"75";s:4:"rows";s:2:"10";s:9:"resizable";i:1;s:8:"disabled";i:0;}