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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Cut Taxes...And Industry Grows


    By steve, Section News
    Posted on Sat Jan 03, 2009 at 12:32:11 PM EST
    Tags: (all tags)

    Wow, what a shocker. The State Of Michigan offers aggressive tax incentives and business is booming.

    The State Of Michigan's Film Office is near a deal to establish three film / TV studios in Michigan.

    http://motorcitytimes.com/mct/cut-taxesand-industry-grows/

    < Too much government? | New year, same struggles... so much for fresh starts >


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    Brilliant... (none / 0) (#1)
    by John Galt on Sat Jan 03, 2009 at 03:47:55 PM EST
    And if we give $34 billion to the auto industry, picking winners and giving away taxpayers money, we'll grow the economy more!

    Oh wait.  That's what's going on here - where the government is willing to pay expenses to help films get made in Michigan.  Giving away taxpayer money to subsidize an industry and "pick winners".

    Obama to cut taxes? (none / 0) (#2)
    by Eric T on Mon Jan 05, 2009 at 08:01:53 AM EST

    http://news.yahoo.com/s/bloomberg/20090105/pl_bloomberg/a4akxhku_ule

    Making tax cuts such a large part of the stimulus may help win support from congressional Republicans. Senate Minority Leader Mitch McConnell, a Kentucky Republican, said his party would support an immediate middle-class tax cut as part of any stimulus package.

    "Republicans, by and large, think tax relief is a great way to get money to people immediately," McConnell said yesterday on ABC's "This Week."

    The plan would attempt to boost consumer demand by spending $140 billion on tax breaks worth $500 for individuals and $1,000 for couples, according to a House Democratic aide. The change would come by altering tax-withholding rules, rather than through a rebate check as with the previous stimulus plan enacted last year, so that workers would see an immediate increase in their take-home pay.

    The $500 tax credit would apply to the first $8,100 of wages, meaning a worker who earns $24,400 a year and is paid twice a month would get about $60 extra per paycheck for four months.

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