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Good News On The Guv Nerdholm Income Tax Affront

By Corinthian Scales, Section News
Posted on Wed Jan 25, 2012 at 11:29:25 AM EST
Tags: Governor Snyder, Anti-Right To Work, DRIC-NITC, Light Rail boondoggles, Massive Federal debt is not a factor, Obamacare Health Exchange, Foreign National Job Preference, H-1B Visas, EB-5 Citizenship, Wholesale Gas Tax, Registration Fees, Stem Cell Research, Government Funding, Reinventing Climate Change, Cowardly with Detroits Financial Disaster, Progressives, Been there done that with Granholm, HB 4087, Senate Republicans, From 8 with lifetime benefits to 50, Speaker Bolger (all tags)

It appears the Rick Nerdholm push-back in the Senate is finally start to happen. Senator Jack Brandenburg-R has introduced SB 906 that if passed, will place the State Income Tax rollback again on its proper course.

Thanks to Sens. David Robertson, James Marleau, David Hildenbrand, Howard Walker, Patrick Colbeck, Michael Kowall, Michael Green, Rick Jones, Joseph Hune, Tory Rocca, Tupac Hunter for cosponsoring.

Leader Richardville, all eyes are watching you.

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Good News On The Guv Nerdholm Income Tax Affront | 2 comments (2 topical, 0 hidden)

I wouldn't be celebrating so quickly. (none / 0) (#1)
by KG One on Wed Jan 25, 2012 at 02:12:47 PM EST

"(I) BEGINNING ON AND AFTER JANUARY 1, 2014 AND EACH JANUARY 1 AFTER 2014, THE MAXIMUM RATE UNDER THIS SUBSECTION SHALL BE REDUCED BY 0.1 EACH YEAR UNTIL THE RATE IS 3.95%.
(J) BEGINNING ON AND AFTER JANUARY 1, 2017, 3.9%."

Sorry, but it should say this:

"(h) Beginning on October 1, 2011 and each October 1 after 2011, the maximum rate under this subsection shall be reduced by 0.1 each year until the rate is 3.95%.
(i) On and after October 1, 2015, 3.9%."

Or better yet, move that last date to 2012.

AG Schuette wants to hire more cops.

The democrats want to <strike>flush it right down the toilet</strike> give it to the schools.

I say, hand it back to the people who originally earned in in the first place.

Not a very difficult concept for fiscal conservatives to understand.