Michigan House approves bills giving families and seniors broader tax relief

first_img Categories: Hauck News,News 25Jan Michigan House approves bills giving families and seniors broader tax relief The Michigan House today approved legislation giving Michigan families and seniors broader income tax relief, including a key bill sponsored by state Rep. Roger Hauck of Union Township.The legislation continues and increases personal exemptions for Michigan taxpayers and their dependents on their state income taxes. Other bills in the package provide additional tax relief for senior citizens.“This reform – plain and simple – is the right thing to do,” Hauck said. “It will put more money in the paychecks of our teachers, first responders, seniors and families. It will give factory workers and office workers much-deserved relief.”Hauck’s bill ensures Michigan taxpayers will be able to continue claiming personal exemptions on their income taxes after federal tax reforms signed into law last month. In addition, Hauck’s bill increases the state personal exemption from the current $4,000 to $4,800 by the 2020 tax year.A bill sponsored by Rep. Jim Tedder of Clarkston provides a tax credit for those 62 and older — $100 for single filers and $200 for joint filers – in addition to the personal exemption increase. A third bill from Rep. Jeff Noble of Northville would allow taxpayers in Michigan cities with an income tax to continue to claim exemptions.Hauck said the state can afford to provide tax relief without hurting essential public services. The House specifically added a provision to make sure public school funding is not negatively affected by the proposal.“Michigan’s tax spenders – the special interests who like to grab other people’s hard-earned money – aren’t happy about this proposal,” Hauck said. “But that’s not surprising. They are never going to feel like they have enough of our tax dollars to spend. They will never think the time is right for tax relief. But the time is right, and the time is now.”House Bills 5420-22 advance to the Senate for consideration.###last_img read more

Mediaset is to strengthen its ondemand offering

first_imgMediaset is to strengthen its on-demand offering, Mediaset Play with new content and will launch targeted advertising this year.Mediaset has also said that it expects its pay TV unit, Mediaset Premium, to continue to lose subscribers and revenues this year, but that margins will improve as the platform shifts towards an on-demand offering.Mediaset plans to make most Canale 5, Rete 1 and Rete 4 content available on-demand. At a presentation of the company’s plans, on-demand chief Alessandro Salem said that the group would also ramp up its activity in original production.Mediaset suffered a reverse recently when it was beaten by Sky in the negotiations for the next set of Champions League and Europa League football rights, previously aired on pay TV unit Mediaset Premium. Chief executive Pier Silvio Berlusconi said at the presentation that Mediaset was now open to selling Premium’s final season of Champions League rights – for the 2017-18 season – to Sky, without giving specific details.Berlusconi said at the event that football was “always” a loss-making venture. He said that not having rights involved losing subscribers while having rights meant losing money.Berlusconi said that he expected Mediaset to return to profit this year. Mediaset Premium is expected to contribute significantly to this, providing about half of an envisaged €468 million improvement in performance by 2020.last_img read more