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Tax plan could put over $3,000 back in Michigan taxpayers' pockets

Summary by WSYM
A new study by the Tax Foundation shows Michigan residents could see significant tax savings under a proposed federal tax plan, with Ingham County residents potentially saving around $2,700. Michiganders could save an average of $3,151 in federal taxes filed in 2026 under the "One Big Beautiful Bill" proposal. The plan includes no tax on tips, no tax on overtime, no tax on car loan interest, and a new deduction for seniors. The proposed deductio…

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WSYM broke the news in on Friday, September 5, 2025.
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