One of Gov. Rick Snyder’s proposed budget cuts is to repeal a welfare benefit called the “Earned Income Tax Credit.” Currently, the program redistributes around $340 million annually from Michigan taxpayers to low-income workers.
Michigan did not offer this form of welfare until 2008, and today is one of just 20 states* that do. Only five states offer a benefit more generous than Michigan’s.
*Three states offer tax credits for low-income workers that are not "refundable," and so are not welfare benefits because the state doesn't hand out checks to anyone.