Michigan
Here’s what Michigan’s pension tax repeal would mean for seniors
Governor Gretchen Whitmer is preparing for when the Democratic Celebration takes management of the Michigan Legislature. A number of objects are on the to-do listing, corresponding to altering the right-to-work regulation and eliminating the state’s pension tax. All of it falls underneath the class of each little bit helps.
Former Michigan Governor Rick Snyder applied the pension tax as a result of he didn’t suppose particular tax carve-outs have been honest.
Whitmer says Michigan’s seniors want the tax cash of their pockets.
Deborah Clark of Hazel Park purchased a number of objects on the grocery retailer which took a large chunk out of her tight funds.
“The whole lot is overpriced,” stated Clark.
She’s on retirement’s doorstep.
Clark: “January.”
Rod Meloni: “You’re wanting ahead to a small pension?”
Clark: Sure.
Rod Meloni: “What do you consider the state revenue tax on that pension?”
Clark: “They should cease that tax.”
Whitmer’s workplace on Wednesday (Dec. 14) stated in an announcement:
“We’re presently working with the incoming leaders on a legislative agenda for subsequent 12 months that can assist working households throughout the state, however our north star is at all times reducing prices, chopping taxes, and rising our economic system. In our most up-to-date funds proposal, the governor put ahead a plan to repeal the retirement tax.”
Right here’s the way it presently works:
When you’re submitting single and have been born earlier than 1946, you get a $54,404 revenue exemption. Double that for married {couples} submitting collectively.
When you have been born between 1946 and 1952, your first $20,000 is exempt for singles and double for married {couples}.
In case your birthday is after 1952, you’re anticipated to pay the complete tax quantity.
So let’s say your annual pension is paying you $25,000, the state revenue tax is 4.25%, that means you’ll have $1,062.50 on a tax invoice in 2022.
Its repeal is undoubtedly welcomed information.
“That may be nice,” Clark stated. “I might be completely happy about that.”
One of many intricacies is in case you are married, they take into account the older senior’s birthdate to find out the place you match on that tax ladder. There’s but to be a selected date or wording for when it’d occur.
Copyright 2022 by WDIV ClickOnDetroit – All rights reserved.
Michigan
WATCH: Michigan State QB Aidan Chiles Talks Growth, Quest For Bowl Game, More
EAST LANSING, Mich. — Michigan State quarterback Aidan Chiles had a solid outing against Illinois, throwing for 256 yards and two touchdowns and, for the first time this season, didn’t commit a turnover.
Chiles has shown signs of improvement but still isn’t quite where the Spartans need him to be. And that goes for the whole offense as a whole. Chiles and the entire unit have the potential to be great.
With two games remaining, they want to show they are capable of it.
Chiles addressed the media on Tuesday, discussing the season so far, the loss to Illinois and this final stretch of the year.
You can watch below:
Below is a transcript from Michigan State coach Jonathan Smith’s opening statement of his press conference on Monday:
“OK, quick turnaround. but going back on Saturday after fully digesting the tape, lack of complementary football, really all three phases, there wasn’t enough there. There were some really good things in all three phases, but not enough to make it a lot closer in the fourth quarter and ultimately, win the game. And again, credit to Illinois. I thought they did a nice job a couple of facets schematically, tweaked a couple times in protection that we couldn’t get home, especially on third down, that they blocked up real well. And their quarterback made some good throws when there was needed, especially on some of those third-and-longers. Offensively, up front, we need to establish some things better. Protection wasn’t as good as even I thought. It wasn’t great on the field looking at it again, there’s a lot of edges there. Aidan [Chiles] did a nice job getting ball out a few times. We can protect the guy better, and we’re going to need to. Special teams-wise, we had to execute in the punt — you look at the yardage, when we were punting the ball, net, how much, I mean, we’ve lost that side of things, their punt return, our punt. Again, going off of the previous week, we were at protection issues, now we had a little more hang time and eliminate some of those hidden yards on special teams. So, like I said, quick turnaround moving forward. Practiced this morning. Guys are back to work. There’s definitely some disappointment, frustration, but I thought, looking at the work, they’re putting that effort and the energy, emotion into the practice today. Because that is a quick turnaround, and it felt like guys were moving around full speed. So, liked the work we got done today. Because looking at Purdue, you watch this tape, they’ve been able to move the ball. They’ve had some lighter scoring, just because some of the red zone [struggles], similar to us. You look at their schedule and the opponents, they played. A bunch of top five teams, and that’s what this league is and all of that. So, we’ll know we’ll have a challenge Friday night.”
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Michigan
Could Former Michigan State Star Be Traded In Shocking Move?
Times are currently tough for former Michigan State Spartans star Kirk Cousins.
Now in his first season with the Atlanta Falcons, Cousins and Co. got off to a good start, going 6-3 over their first nine games.
Much of that was due to a few monster performances from Cousins, like when he threw for 509 yards and four touchdowns during the Falcons’ overtime win over the Tampa Bay Buccaneers on Oct. 3.
But all of a sudden, things have gotten more difficult for Cousins and Atlanta.
The Falcons have lost their last two games, and Cousins failed to throw a touchdown pass in either contest.
As a result, some are wondering if Atlanta could potentially trade Cousins in the offseason if things continue going south. Remember: the Falcons also selected Michael Penix Jr. with the eighth overall pick of the NFL Draft last April.
So, if Atlanta does ultimately decide to place Cousins on the trade block, where could he go?
Well, Ryan Dunleavy of The New York Post has offered an interesting potential destination: the New York Giants.
The Giants just benched Daniel Jones, meaning they will obviously be looking for a new quarterback in the spring. While they will most likely find one via the draft, there is also the chance they explore the trade market.
“Maybe it’s a pipe dream. But the Giants’ regime could be under win-now pressure,” Dunleavy wrote. “Cousins has 2024 No. 8 overall draft pick Michael Penix Jr. breathing down his neck. The Falcons would have a $60 million dead salary-cap charge and Cousins has a no-trade clause.”
Calling it “a pipe dream” is probably the best way to put it.
It seems highly doubtful that New York would pursue the 36-year-old Cousins when it seems blatantly obvious that the team is in need of a reset.
While fixing the quarterback position should be Mission No. 1 for the Giants during the offseason, Big Blue has more issues afoot, and adding a signal-caller closing in on retirement would not be the most efficient use of resources.
Cousins could very well be a trade candidate in March, but the chances of New York representing an actual landing spot for him seem slim to none.
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Michigan
Michigan ballet company’s props stolen weeks before “Nutcracker” performances
(CBS DETROIT) — A Michigan ballet company is asking for the public’s help to save Christmas after a trailer with its “Nutcracker” props was stolen over the weekend.
Video captured when a truck drove off with the Plymouth-Canton Ballet Company’s prop trailer.
“It just makes me sick to watch the video, and … so quickly. It was five minutes. They hook up, and they are gone. And I’m going, ‘That’s my stuff,’” said June Smith, the company’s artistic director.
Smith said the trailer was stolen from their Canton rehearsal space around 3:30 a.m. on Sunday. It was filled with backdrops, sets, fog machines, and props vital to their 40th anniversary “Nutcracker” performance, less than three weeks away.
But of course, the show must go on, as 80 students from 20 local dance studios have been preparing for weeks.
“Everyone was really upset about it. Because it’s truly the props that pull the whole Nutcracker together, it was really unfortunate that someone would do that cause they don’t know how much it really means to us. And how much affects the show,” said Francesca Kardos, who plays Clara in “The Nutcracker.”
The nonprofit company is now rushing to rebuild what it can and has launched a GoFundMe to raise money to repurchase props.
They are also asking the public to watch for their 24-foot black trailer and the items inside.
“They have probably dumped this stuff someplace. So if somebody sees this enormous grandfather clock or an enormous fireplace… that looks like a prop of some kind, then call Canton police,” said Smith.
But holiday magic will be center stage no matter what happens with the props.
“We’re going to make it work because it’s truly the dancers who perform that really make the show,” said Kardos.
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