Taxes

Michigan Business Owners! The Clock Is Ticking.

Yes, you still have to fill out the form every single year.

PPT-2015Recall that 14-1 didn’t do away with the PPT entirely.

Michigan business with $80,000 or less in fixtures, desks, computers etc., are STILL required to fill out the form to get their exemption. You must fill out the MI Treasury Form 5076 with your local assessing offices by Tuesday, Feb. 10, 2015. You can use the link to the affidavit form here.

Fill it out and for best results deliver by hand to your assessing office ASAP.

And remember, give em no more than is absolutely necessary.

 

You Betcha! (8)Nuh Uh.(0)

AgitProp in the 21st Century

Mercenary Research in the Service of Greed

News stories on the Michigan road tax proposal are replete with compelling, eye popping factoids about the costs poor roads impose on Michigan drivers. These factoids are so compelling that our colorless Governor cites them to sway voters in the upcoming sales tax proposal debate. Some examples:

  • An inadequate transportation system costs Michigan residents a total of $7.7 billion every year
  • Driving on rough roads costs Michigan motorists a total of $2.3 billion annually in extra vehicle operating costs
  • Driving on rough roads costs the average Detroit urban area motorist $536 annually in extra vehicle operating costs
  • Driving on rough roads costs the average Michigan motorist $357 annually in extra vehicle operating costs

You are expected to conclude that a 16.67% sales tax increase is a just trifle to escape these ghastly financial burdens. These factoids are always attributed to “TRIP, a national nonprofit transportation research organization”. Sounds like an independent, credible source – right? The adjectives ‘nonprofit’ and ‘research’ give you a high level of confidence in their pronouncements? Perhaps you should dig a little deeper than our conniving politicians and their lazy media scribes.  The TRIP report they are mining for these factoids is: MI_Transportation_By_The_Numbers_TRIP_Report_Jan_2014

You Betcha! (30)Nuh Uh.(0)

Heads Up Watchdogs

State Superintendent hints at major advocacy through school systems, and express advocacy.

With the push by big government to drive a 16.7% sales tax increase, we need to be especially vigilant.

A few days ago, Rick Snyder (allegedly) broke the law. We expect the filed MCFA complaint to be fought, but there is little defense when the AG Bill Schuette, and SoS Ruth Johnson were in the front row watching (Witnessing) him doing so. Certainly, the Attorney General cannot decide which laws he will enforce, right?

There are other folks with ‘skin in the game’ who will be weighing in on the ballot measure.  One of them is State Superintendent Mike Flanagan.  Flanagan, already pushing the envelope by posting his advocacy on a state (taxpayer) paid for website will be “actively promoting its passage” in venues as-yet undetermined.

Mike-Yes

You Betcha! (20)Nuh Uh.(1)