The accountant governor has resisted larger tax cuts due to budget concerns, including a personal income tax rate reduction plan that narrowly failed last year in the House. But he called the new law a responsible way to “give some dollars back to our citizens.”
“When you look at tax reform in any fashion, I always view it as simple, fair and efficient in a fiscally responsible way,” Snyder said in a signing ceremony at the Michigan Capitol. “What we’re doing here today meets all those benchmarks.”
