Where the Candidates Stand: The Michigan gubernatorial race is in full swing. The two final standing candidates have very different views on how to improve the income equality problem in Michigan. One candidate is looking to lower taxes while one is looking to increase the minimum wage.
Bill Schuette: The attorney general has touted a “paycheck agenda” that is built around a promise to lower the state's income tax rate from 4.25 percent to 3.9 percent. It would fulfill a longtime Republican goal of returning the tax rate back to where it was in 2007 before Democratic Gov. Jennifer Granholm and the Legislature raised it to 4.35 percent during a budget crunch.
Gretchen Whitmer: The former state Senate minority leader's plan to increase skills training includes two years of debt-free community college, skilled trades training or university classes. She also would help pay for two years of career training for adults. The campaign said it expects the programs to cost the state about $100 million a year. She will focus on mobility technology, agriculture and health care innovation, and small businesses. Whitmer said she wants to repeal of the right to work law and pursue a $15-an-hour minimum wage phased in over a three-year period.
Both of these new plans will have impacts on both residents of Michigan as well as businesses looking to expand to business.
- What are the complications of both plans?
- Will one plan contribute to Michigan's success more than the other?
- Are these realistic?