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Tag: Planners

And WHOM Runs The Michigan Treasury?

By JGillman, Section News
Posted on Thu May 09, 2013 at 11:04:33 AM EST
Tags: Michigan, Rick Snyder, Andy Dillon, Estate Taxes, Planners, Liability, Treasury (all tags)

A couple of years ago, one writer opined that Andy Dillon might actually give up a cushy job and make a run for governor.

In the bizzarro world state that we live in, it might soon be even more true. Surprising as it might be, Andy Dillon might actually shed the comfort of a fat bureaucratic job for the gold fringe executive seat. And it might work. Not because Dillon is better, but because he is undermining the governor's better efforts with punitive management of the treasury.

The treasury department is the enforcement arm of Michigan's revenue collections. And true to the progressive mindset that you not only do-not-own what you think, he manages that way. Its bad enough to be PERSONALLY LIABLE for actions of an entire department you manage, but to carry that liability for decisions made prior to your own involvement? Charles Owens reports:

"In the majority of states, personal liability statutes have required that the responsible person be employed in a tax-supervisory position with the company during the time that the person's company failed to pay the government. However, Michigan's Treasury is departing from this body of law. Treasury now extends its assessments to persons not employed by the tax liable entity or were not employed during the time period in which the tax was not paid. That is, the state Treasury is now assessing persons for tax debts that arose before the person was employed by the company. It is assessing persons that were members of other holding companies that invested in the tax liable company - and had no hand in day-to-day operations. Treasury is assessing persons for debts which arose after they left the company. No other government jurisdiction practices such an expansive assessment."

Nope.. Just Michigan.

And before someone says "Hey, Andy can be tied to this. Its HIS department after all", I would suggest we find some precedent setting moment in time. You know, some point in history where 'the buck actually stopped there.' This is SNYDER'S problem, and will be, no matter who makes the primary calls.

Right?

Wolves in the Hen house. All the best PR efforts, crony payoffs, Pure hogwash, and diplomacy doesn't matter if its undermined by the fiscal weapons of choice wielded by an abusive government and the lackeys therein.

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