September 5, 2024 ~ Lucy Ann Lance talks with Patrick Wright, Vice President for Legal Affairs, Mackinac Center for Public Policy. Michigan residents have lost the opportunity for a permanent tax cut after the Michigan Supreme Court dismissed a lawsuit by the Mackinac Center for Public Policy, which aimed to save taxpayers $700 million annually. The lawsuit revolved around a 2007 law amended in 2015, allowing a tax rate reduction if the state’s budget surplus exceeded inflation. In 2023, this condition was met, leading to a temporary tax cut from 4.25% to 4.05%. However, the court ruled that due to ambiguous language, the tax cut could not be considered permanent, contrary to lawmakers’ intentions.