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1 theheat  Tue, Mar 15, 2011 8:59:04am

Yeah, the corporate whores have gone totally Wild West. Screw the poor, the elderly, the young adult zygotes, social services, science, and education in homage to the town bully(s). Tax breaks have worked out so well in the past, it's the first thing in line right behind controlling women's uteruses.

Can you just smell those trickle down economics at work? Brace yourself for the enormous investment in the American work force once those upper crust movers and shakers get their tax breaks.
//

spits.

2 Obdicut  Tue, Mar 15, 2011 9:02:56am

Holy crap. Way to be obvious about it.

3 shutdown  Tue, Mar 15, 2011 9:12:53am

You pay your money, you take your chances. These are the assclowns who were voted into office. Everybody gets the government they deserve. The next election cycle will be even more important than the last one; re-election of these governors and Tea Bag congress(wo)men will set the tone for decades to come, because it will show that they can get away with eroding citizens' freedom under the guise of preserving some set of conservative "rights".

4 Romantic Heretic  Tue, Mar 15, 2011 9:20:46am

At least they aren't pretending any more.

5 Prononymous, rogue demon hunter  Tue, Mar 15, 2011 9:31:27am

Highly predictable.

6 iceweasel  Tue, Mar 15, 2011 9:34:00am

re: #4 Romantic Heretic

At least they aren't pretending any more.

They'll still find a way to pretend they're the only reel amurkins and that they care for the workin man. Joe the Plumber* in 2012!

(Not a "Joe" and not a plumber, as it happens.)

7 Romantic Heretic  Tue, Mar 15, 2011 9:37:02am
cutting funding for school districts by eight to ten percent

I'm not surprised that he did this after the new bill allowing him to kick out elected officials and appoint replacements in case of a 'financial emergency.' Since towns, counties, and school districts are heavily dependent on state funds he can cause an "emergency" whenever he wants. Every elected public servant in Michigan is now at his alleged mercy.

Sociopathy seems to be a required trait to be a GOP politician these days.

8 Interesting Times  Tue, Mar 15, 2011 9:54:29am

This is in Michigan? Then I guess Windsor better brace itself for a flood of refugees /

9 Four More Tears  Tue, Mar 15, 2011 9:55:04am

Ah, the looting of America.

10 Lidane  Tue, Mar 15, 2011 9:57:29am

It's nice to know the Republican party has its priorities in order. We can't have those poor, maligned corporations paying taxes, don'tcha know.

///

11 iceweasel  Tue, Mar 15, 2011 9:59:57am

re: #10 Lidane
Yeah.

Won't someone think about the corporations? The poor, poor, banks and corporations?

12 Lidane  Tue, Mar 15, 2011 10:09:10am

Also, it's worth noting who actually gets the Earned Income Tax Credit -- low and middle income workers and families:

[Link: en.wikipedia.org...]

So basically, the GOP in Michigan is raising taxes on the poor and middle class to give the rich more tax breaks. Again.

13 lawhawk  Tue, Mar 15, 2011 10:17:18am

I think the following is particularly misleading, if not wrong:

Michigan already has a regressive tax system, which Snyder’s proposal will only make worse. Currently, someone in the poorest 20 percent of Michigan taxpayers pays a tax rate of 8.9 percent, while someone in the richest one percent pays 5.3 percent.

The part in bold doesn't pass the smell test.

The actual rate in MI is a flat tax of 4.35% that drops to 4.25% for FY 2011-2012, and declining to 3.9% in FY 2015-2016 based on current MI law. MI comp. laws 206.51. Returns have to be filed if AGI exceeds personal exemptions ($3,600 for single unmarried).

So, what is probably going on in the calculation is that someone in the bottom 20% is likely paying proportionally more (8.9%) of their income than someone in the top 1% (5.3) - the regressive tax part of the statement is accurate, but the imposed tax rates are suspect.

14 dmon  Tue, Mar 15, 2011 10:40:38am

.re: #13 lawhawk


Or the lower income folks spend a higher percentage in sales tax and fees

Individuals or businesses that sell tangible personal property to the final consumer are required to remit a 6% sales tax on their taxable retail sales to the State of Michigan. Sales of electricity, natural or artificial gas and home heating fuels for residential use are taxed at the 4% rate. Michigan does not allow city or local units to impose sales or use taxes

15 moderatelyradicalliberal  Tue, Mar 15, 2011 10:42:50am

I never thought the TGOP would create buyers remorse so fast. It's not just in Michigan, but in Ohio and Wisconsin. Not only will Democrats be able to run against the national party they will be able to run against the state parties too.

16 Randy W. Weeks  Tue, Mar 15, 2011 12:43:55pm

re: #9 JasonA

Ah, the looting of America.

accelerates

17 philosophus invidius  Tue, Mar 15, 2011 1:00:19pm

re: #4 Romantic Heretic

At least they aren't pretending any more.

Unfortunately, I think you're wrong. They will say that this is necessary for job creation and that this helps working/unemployed people not only because of job creation, but also because corporate taxes are passed on to the consumer in the form of higher prices. EIC and other credits are just social(ist) engineering that hurt the economy by putting incentives in the wrong places.

A load of crap, but there it is.

18 Jimmah  Tue, Mar 15, 2011 1:06:54pm

Does no-one have any faith in trickle-down Reagonomics here anymore?

//

19 dragonfire1981  Tue, Mar 15, 2011 1:20:55pm

I am a little worried about these all powerful "managers" That seems like an insane level of government control for people who claim be against such strongarm tactics.

20 MinisterO  Tue, Mar 15, 2011 1:50:34pm

re: #13 lawhawk

The numbers come from here:

[Link: www.itepnet.org...]

The 8.9% and 5.3% include state and local taxes.

21 Renaissance_Man  Tue, Mar 15, 2011 2:34:00pm

re: #19 dragonfire1981

I am a little worried about these all powerful "managers" That seems like an insane level of government control for people who claim be against such strongarm tactics.

Modern American Conservatives aren't against government control, or government at all. They preach anti-government, but they don't mean it, as evidenced by what happens as soon as they get into office. They're only against liberals, and things they think liberals like.

22 Dark_Falcon  Tue, Mar 15, 2011 6:05:36pm

re: #19 dragonfire1981

I am a little worried about these all powerful "managers" That seems like an insane level of government control for people who claim be against such strongarm tactics.

It is a bit worrisome, I grant. Now, the cutting of the corporate tax should actually find support among union supporters, since the auto industry will be a key beneficiary of it. For auto workers, they may actually see their income go up over time, since increased profits to their employers will equal more overtime availible and less demand for benefit cuts.

23 CarleeCork  Tue, Mar 15, 2011 6:19:56pm

When will anyone really give a shit? Things are going from bad to worse.

24 Obdicut  Tue, Mar 15, 2011 7:06:43pm

re: #22 Dark_Falcon

since increased profits to their employers will equal more overtime availible and less demand for benefit cuts.

Why?

25 MinisterO  Tue, Mar 15, 2011 10:32:05pm

re: #22 Dark_Falcon

cutting of the corporate tax should actually find support among union supporters

Naturally, union members should support paying higher taxes themselves so that corporations can pay lower taxes. Because of course they'll get that and more back from the corporations.

For a minute there I thought I was reading The Onion.

26 TedStriker  Tue, Mar 15, 2011 10:38:23pm

Cripes, what a complete clusterfuck...the TPGOP has not only dropped the mask, they've thrown it to the ground, ground it under their heel, and torched the remains.

27 boxhead  Wed, Mar 16, 2011 3:44:19am

re: #22 Dark_Falcon

It is a bit worrisome, I grant. Now, the cutting of the corporate tax should actually find support among union supporters, since the auto industry will be a key beneficiary of it. For auto workers, they may actually see their income go up over time, since increased profits to their employers will equal more overtime availible and less demand for benefit cuts.

Has that ever really happened.... And if so, is there verifiable evidence? And what percentage of corporations did provide more for the workers that actually do the work?


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