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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    Michigan: Leadership or a funeral? A Choice for Republicans | 7 comments (7 topical, 0 hidden)
    Taxes and Incentives (none / 0) (#2)
    by stevenstmason on Thu May 07, 2009 at 10:51:51 PM EST
    Everyone says that government shouldn't be picking between winners and losers. But you can't find one Lansing Republican who has voted "no" when it comes to a tax break for their favorite industry or a tax abatement for their favorite campaign contributor. We're told that we have to have tax breaks for a competitive business environment. But it's these tax breaks and tax abatements that make our tax environment so complex. Here's an easy solution, one so simple that no politician will adopt it because it will cut off their supply of campaign contributions:

    1. Eliminate all exemptions and credits from the Michigan Business Tax including those that exclude small businesses from the MBT.  

    2. Eliminate all property tax abatements and exemptions.

    If you do #1 and #2, you'll have a much broader tax base which will then allow the business tax rate to be reduced to a level where Michigan's business tax rate will be far less than any other state. The politicians and accountants will hate it but this simplified system will bring accountability and simplicity to the tax code.

    Michigan: Leadership or a funeral? A Choice for Republicans | 7 comments (7 topical, 0 hidden)
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