Wahbooz
Governor
Mark Schauer is not impressive, but neither are you, Snyder. You taxed seniors pensions, and you called that fairness. Even Steven Henderson got it wrong. 401k's, 457's, 403b's, and a few other 'retirement plans' are really deferred compensation. Governor, those who invest in one of these plans are deferring that income to a later period when their tax bill was expected to be less. People who are in those plans MUST pay taxes on those dollars, because they did not pay taxes on them when they earned them. So stop trying to fool people with your double talk. And in 2010, a single tax payer could deduct $45,120 in retirement, and a joint return could deduct $90,240.
Your $1.5 billion deficit was of your own creation. Granholm left a lot to be desired, but she knew her budget had to be balanced; and the Republican led legislature passed it into law. A $1.7 +billion deficit was created by your tax cuts for business, and you 'wiped it out' with a tax on seniors pensions, a reduction in the property tax credit, and credit for children. Instead of fixing the messed up Michigan Business Tax, you threw it in the trash.
Oh yes, and you froze the tax rate for individuals at 4.35%. Tax payers will not see Michigan's personal income tax reduce at the rate of 0.1% per year to it's regular rate. Oh but now he has a $1 billion surplus, and he's touting that.
Oh yes, I forgot. Some 95,000 Michigan businesses do not pay any tax at all. Isn't that wonderful. While you try to stretch your retirement dollars, around that retirement tax, and you see your property tax credit reduced, think about that. It's only fair, Rick says.
But get ready. If Snyder gets re-elected, once the election is over, there will be another tax to fix Michigan's crumbling roads. Snyder touts himself as a new kind of politician. I don't know about you, but he doesn't strike me as a conservative.
Your $1.5 billion deficit was of your own creation. Granholm left a lot to be desired, but she knew her budget had to be balanced; and the Republican led legislature passed it into law. A $1.7 +billion deficit was created by your tax cuts for business, and you 'wiped it out' with a tax on seniors pensions, a reduction in the property tax credit, and credit for children. Instead of fixing the messed up Michigan Business Tax, you threw it in the trash.
Oh yes, and you froze the tax rate for individuals at 4.35%. Tax payers will not see Michigan's personal income tax reduce at the rate of 0.1% per year to it's regular rate. Oh but now he has a $1 billion surplus, and he's touting that.
Oh yes, I forgot. Some 95,000 Michigan businesses do not pay any tax at all. Isn't that wonderful. While you try to stretch your retirement dollars, around that retirement tax, and you see your property tax credit reduced, think about that. It's only fair, Rick says.
But get ready. If Snyder gets re-elected, once the election is over, there will be another tax to fix Michigan's crumbling roads. Snyder touts himself as a new kind of politician. I don't know about you, but he doesn't strike me as a conservative.
