<div class="rteleft"><span style="color: rgb(128, 0, 0);"><span style="font-size: large;">1. Should the legislature be giving tax breaks to families for child care that we end up footing the bill for? </span></span><br />
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<span style="color: rgb(128, 0, 0);"><span style="font-size: large;">2. I thought having childern was a choice and that it was the parents responsibility to assume the cost of raising them?</span></span><br />
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<span style="color: rgb(128, 0, 0);"><span style="font-size: large;">3. And she wants to give a break to people making up to $100,000.00?</span></span></div>
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<img width="275" height="189" src="/sites/default/files/slavens.jpg" alt="" /><br />
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<span style="color: rgb(153, 51, 0);"><span style="font-size: x-large;">Rep. Dian Slavens</span></span><br />
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<span style="font-size: larger;">2013 House Bill 4005: Authorize state child care subsidies and tax breaks </span></div>
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&nbsp;&nbsp;&nbsp; Introduced by Rep. Dian Slavens (D) on January 9, 2013, to authorize a &ldquo;refundable&rdquo; state income tax credit (essentially a cash subsidy in many cases) that would be a percentage of a federal income tax child care credit the individual can claim, with the percentage &ldquo;means tested&rdquo; on the basis of gross income (ranging from 110 percent for households with less than $25,000 income to 20 percent for those between $65,000 and $100,000).<br />
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TEXT OF THE PROPOSED BILL: <br />
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&nbsp;Sec. 272a. (1) For tax years that begin after December 31,&nbsp; 2012, a taxpayer may credit against the tax imposed by this act an&nbsp; amount equal to the following specified percentages of the credit&nbsp; the taxpayer is allowed to claim as a credit under section 21 of&nbsp; the internal revenue code for a tax year on a return filed under&nbsp; this act for the same tax year: <br />
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&nbsp;(a) For a taxpayer with an adjusted gross income as defined in&nbsp; the internal revenue code of less than $25,000.00, 110%. <br />
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&nbsp;(b) For a taxpayer with an adjusted gross income as defined in&nbsp; the internal revenue code of $25,000.00 or more but less than&nbsp; $40,000.00, 100%. <br />
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&nbsp;(c) For a taxpayer with an adjusted gross income as defined in&nbsp; the internal revenue code of $40,000.00 or more but less than&nbsp; $65,000.00, 80%. <br />
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&nbsp;(d) For a taxpayer with an adjusted gross income as defined in&nbsp; the internal revenue code of $65,000.00 or more but less than&nbsp; $100,000.00, 20%. <br />
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&nbsp;(2) If the credit allowed by this section exceeds the tax&nbsp; liability of the taxpayer for the tax year, the state treasurer&nbsp; shall refund the excess to the taxpayer without interest, except as&nbsp; provided in section 30 of 1941 PA 122, MCL 205.30. <br />
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