Hip, Hip, Hooray?
The legislature agreed at 11:00pm Friday night to eliminate the scheduled 6% sales tax on certain services. Lansing and the media are reporting this as a big, bi-partisan win for Michigan. Fantastic.
What did they replace the service tax with? Spending cuts? How about a nice 22% "surcharge" (sounds better than "increase") in Michigan's business tax. Yep, that will help entice businesses to add jobs in Michigan. As a further selling point, this little 22% tax increa, oops..I mean surcharge...is only temporary. We can tell businesses that it is scheduled to go away in 2017!
Remember that the legislature replaced the old Single Business Tax (after a citizen petition drive forced them to) with the new Michigan Business Tax that they designed to take $220 million more out of the economy than the old SBT did. And that was before this new, "temporary" 22% "surcharge" which will soak at least $700 million more out of the pockets of Michigan's remaining businesses. Prosperity is right around the corner.
Are you feeling a little pinched economically lately? Lansing's not. The budget for legislators went up over 7% for the '08 budget. Things are nice and comfy at the Capitol.
What to do? Well, you can do as Lansing tells you - "shut up and pay up" or you can do something. Citizens have two logical options: leave the state or support recalling the politicians that are destroying Michigan.
Ready for battle?
Leon Drolet
MI Taxpayers Alliance
www.mitaxpayers.org
What did they replace the service tax with? Spending cuts? How about a nice 22% "surcharge" (sounds better than "increase") in Michigan's business tax. Yep, that will help entice businesses to add jobs in Michigan. As a further selling point, this little 22% tax increa, oops..I mean surcharge...is only temporary. We can tell businesses that it is scheduled to go away in 2017!
Remember that the legislature replaced the old Single Business Tax (after a citizen petition drive forced them to) with the new Michigan Business Tax that they designed to take $220 million more out of the economy than the old SBT did. And that was before this new, "temporary" 22% "surcharge" which will soak at least $700 million more out of the pockets of Michigan's remaining businesses. Prosperity is right around the corner.
Are you feeling a little pinched economically lately? Lansing's not. The budget for legislators went up over 7% for the '08 budget. Things are nice and comfy at the Capitol.
What to do? Well, you can do as Lansing tells you - "shut up and pay up" or you can do something. Citizens have two logical options: leave the state or support recalling the politicians that are destroying Michigan.
Ready for battle?
Leon Drolet
MI Taxpayers Alliance
www.mitaxpayers.org
posted by Leon Drolet at
4:21 PM
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