By Corinthian Scales, Section News
Posted on Thu May 24, 2012 at 01:17:29 PM EST
Tags: Rick Snyder, Tax Hiker, Anti-Right To Work, Will VETO R-T-W, DRIC-NITC, NAFTA Bridge, ChiComs, 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, Green Subsidies, Cowardly with Detroits Financial Disaster, Progressives, Been there done that with Granholm, Teachers Goonion PAYOLA, Increased Film Subsidy, Heating bill Moochers, Jase Bolger, Richardville (all tags)
Well, that's what the "BIG TAX BREAK" equates to for a $50,000/year income.
Michiganians can expect individual tax relief this year as part of an agreement on the state budget hammered out late Wednesday that also includes more money for education, roads and film tax credits.
The state will use $90 million in one-time money to reduce personal income taxes by one-tenth of a percent through either a reduction in the rate, a personal exemption or a combination of both, according to Gov. Rick Snyder's office. He and Republican legislative leaders have still to work out the details.
....
Another $180 million will be added to the schools budget, including $106 million to pre-fund the school employees retirement system with the remainder going to K-12 classrooms.
Snyder emerged from a late Wednesday afternoon budget huddle with House Speaker Jase Bolger and Senate Majority Leader Randy Richardville saying, "It's making soup; it's good stuff."
Read about the rest of this crap here.
Yup. More film subsidy for wealthy Hollywood Lefty's, more subsidy for heating bill moochers, and Teachers Goonion payola.
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