Butcher v. Department of Treasury

The Department of Treasury appeals as of right from the trial court’s October 7, 1983, order and judgment granting plaintiffs’ motion for summary judgment._

*1181982 PA 269 amended § 520 of the Income Tax Act of 1967, MCL 206.520; MSA 7.557C1520).1 Section 520 provides for a property tax credit against state income tax owed by taxpayers. The amendment created a credit reduction formula which decreased the property tax credit by 10% for persons with an adjusted household income of over $65,000 per year and by an additional 10% for each increment of $1,000 in additional household income until…