Lansing, Michigan – Corporate-backed lawyers descended on the state capital in late June in a frantic attempt to derail a popular ballot initiative that would tax the wealthiest Michiganders to fund the state’s starving public schools.
The Invest in MI Kids campaign (with the MI pronounced like “my”), an evolution of the “Babies over Billionaires” movement, arrived at a Board of State Canvassers meeting to get its 100-word petition summary approved. The measure would levy a 5% tax on annual income over $500,000 for individuals and $1,000,000 for couples, directing the revenue exclusively to the State School Aid Fund.
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