Quantcast

Muskegon Sun

Tuesday, May 7, 2024

Sen. Bumstead Calls for Tax Relief from State Revenue Surplus

Webp dynyanppzki4ba6cgvtg4lurye6c

State Senator Jon C. Bumstead | Michigan House Republicans

State Senator Jon C. Bumstead | Michigan House Republicans

LANSING, Mich. - Senate Appropriations Minority Vice Chair Jon Bumstead, R-North Muskegon, has spoken out after state fiscal and economic leaders revealed their projections for Michigan's economic and state tax revenue. The estimates indicate a surplus of over $1.3 billion in the general fund.

In a statement, Senator Bumstead expressed concern over the financial struggles faced by families and seniors in Michigan. He highlighted the impact of rising prices and what he referred to as "frivolous government spending."

"The people of Michigan cannot afford the trajectory we have been on," Senator Bumstead emphasized. He called for action to address the issue, stating, "Michiganders need to keep more of what they make, and the Legislature must act responsibly as we manage the state's remaining budget surplus."

Senator Bumstead proposed investing in key areas such as education, roads and infrastructure, and public safety. He also stressed the importance of providing taxpayers with "meaningful relief from high costs."

The call for tax relief comes in light of the significant surplus in state revenue. Senator Bumstead's statement reflects a desire to prioritize the needs of Michigan's residents and ensure that they can benefit from the surplus.

As the debate over how to allocate the surplus continues, Senator Bumstead's stance highlights the urgency of addressing the financial challenges faced by Michigan's citizens. His call for tax relief and responsible management of the surplus underscores the need for a balanced approach that takes into account the state's common priorities.

Moving forward, it remains to be seen how the Legislature will respond to Senator Bumstead's call for action. The impact of any potential tax relief measures on Michigan's residents and economy will be closely watched by both supporters and critics.

Senator Bumstead's statement serves as a reminder that effective management of state finances requires a careful balance between investing in essential areas and providing relief to taxpayers. As Michigan navigates its surplus, the focus will be on finding a solution that benefits all residents and supports the state's long-term economic growth.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS