Amendment offered by Rep. Phil Cavanagh D-Redford Twp. on April 27, 2011
To retain the state Earned Income Tax Credit (EITC), rather than replacing it with a $25 per child payment to low income parents. The EITC is a refundable tax credit (or “reverse income tax”) that sends checks to low income workers. Under it, more than $300 million worth of Michigan tax revenue is redistributed annually to workers who have low incomes.