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Ninety minutes.  That’s all it took last week for the House Tax Policy Committee to hear testimony and send the full House a bill that would gradually phase out the Michigan personal income tax.

The bill, passed 7-to-4 on a straight party-line vote (with a couple abstentions), would cut the tax rate from 4.25% to 3.9% next Jan. 1, and by 0.1% each following year until the tax is eliminated entirely in 2057. State revenue loss in the first full year was estimated at $1.1 billion out of a $9 billion state general fund.

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