Relief for Families Struggling with Inflation and Gas Prices
Families in Monroe and Lenawee counties and across our state are facing the highest inflation in 40 years and gas prices that have soared to record highs.
Inflation has a real and direct impact on people’s lives, as the costs of virtually everything rise faster than family budgets can keep up.
From April 2021 to April 2022, grocery prices increased by 10.8%, with prices for meat, poultry, fish and eggs increasing by 14.3%.
The summer barbecue is an illustration of the impact of inflation. Ground beef price increased 14.8%, bacon increased 17.7%, cheese cost 6.5% more, lettuce increased 12.7%, pickles increased 9, 3% and hamburger buns will cost 10% more this year.
At the same time, everyone from workers and seniors to schools and small businesses is feeling the pain of record gasoline prices.
According to AAA, on June 3, the average per gallon of regular gasoline in Michigan was $4.94 and the average diesel price was $5.46. Both prices are the highest average prices recorded in the state’s history.
At these prices, it costs workers more than $180 to fill their Ford F-250 truck with diesel fuel and parents will have to pay $89 to fill up the Chrysler family van.
My fellow Republicans and I saw what was happening and acted. We’ve enacted two common-sense plans to lessen the impact of inflation on Michigan families by allowing everyone to keep more of what they’ve earned and providing meaningful relief at the gas pump. .
Unfortunately, Governor Gretchen Whitmer vetoed both of these reasonable relief proposals.
Undeterred, we enacted a second plan to help every Michigander by lowering state income tax to 4%, increasing the personal income tax deduction by $1,800, creating a $500 tax credit for each child under 19, by increasing the earned income tax credit. and increase the tax exemption for Michigan seniors over age 67 to $21,800 for individuals and $43,600 for couples.
The Senate also passed a plan to suspend the state’s 27.2 cents per gallon excise tax on gasoline and diesel fuel and Michigan’s 6% sales and use tax on gasoline. motor fuel from June 15 to September 15.
The bill will keep local governments and public schools harmless.
These new plans would save drivers more than $800 million at the pumps throughout the summer driving season and provide taxpayers with about $2.5 billion in income tax relief.
Our state is running a historic surplus that was recently estimated at $5 billion more than projected four months ago.
Effective use of taxpayers’ money has put us in a position where we can afford to provide this critical relief – and there’s no better time than now when people are grappling with the skyrocketing everyday item costs.
I respectfully ask the Governor to join the Legislature and put people above government spending by supporting these affordable and responsible efforts to ease the burden on Michigan families trying to make ends meet.
Sen. Dale Zorn, R-Onsted, represents Michigan’s 17th District, which includes Monroe and Lenawee counties.