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Detroit Evening Report: Detroit Regional Chamber urges against Invest in MI Kids initiative
['Hernz Laguerre', 'Hernz Laguerre Jr. Is A Multimedia Journalist At Wdet. He Is One Of The Co-Host For', 'Detroit Evening Report', 'One Of The Weekend Anchors For', 'Weekend Edition', 'The Producer For Our Political Podcast', 'Michmash', 'Reports On Arts', 'Culture', '.Pp-Multiple-Authors-Boxes-Wrapper.Pp-Multiple-Authors-Layout-Inline.Multiple-Authors-Target-Action .Pp-Author-Boxes-Avatar Img']
WDET 101.9 FM
The Detroit Regional Chamber is urging voters not to sign a petition that would tax the wealthy to help pay for schools.
The chamber argues some small businesses file their taxes using individual income tax.
But Jess Newman from the Invest in MI Kids initiative says the language of the petition and the individual income limits affects only about 12,000 to 18,000 high income individuals in the whole state.
We’re also looking at folks that just got a huge tax break on the income taxes from the federal government.”The Invest in MI Kids ballot initiative would add a 4% tax hike on individual income over $500,000 to fund public education.
The administration said they are aware of 18 accidents and no injuries related to the rear camera issue.
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