Tag: Tax Hikes

Michigan's population is slowly rebounding, but millionaires may not be sticking around for the state's revival. [Where is the "revival"?]

Despite encouraging economic trends and a booming stock market, the state had 10,000 fewer millionaire households in 2013 than 2012, the Phoenix Global Wealth Monitor estimated in a report released this week.

Only one word comes to mind: Starve.

Yannow, between the Governerd surrounding himself with a deadbeat Treasurer, and a Medicaid billing mooslime responsible for at least one death now dumping $25K into the One Tough Nerd PAC <cough>HB 4714</cough>, all one has to do is sit back and watch "Rick Michigan" implode all on his own.  Damn good thing you're getting your monies upfront, young Johnny.

The state of Michigan will soon allow companies, organizations and communities to use the popular "Pure Michigan" branding in joint advertising and marketing.
....

"We will create customized 'Pure Michigan' advertising campaigns centered around clusters of business that we have in the state," Finney [MEDC] said. "You could take automotive, or you could take dairy [Subsidized], or you could take other agricultural products [Subsidized too, even The Dead], or software and we'll create customizable opportunities for companies to actively participate in the campaign."

The move is an extension of what the state has done with the tourism industry, where it has worked with about 50 partners to jointly advertise cities and tourist attractions such as The Henry Ford [501(c)(3) Tax Exempt] in Dearborn, Finney said. In those cases, the state [all taxpayers] and the entities split the costs for the creative advertising, he said.

God, I just despise the nasally weasel.  Snyder embodies everything that is in topic over here.

In spite of a long documented history of failure, you own it, Lansing Nerdpublicans.  OABTW, you own the Tax Hike too.

Maybe, just maybe it will sink into Republican voters heads that they have a Nerd problem.  However, this is Michigan, so I'm not going to hold my breath.

The FY 2011-12 DEQ budget was built on the assumption that this fee would be raised by the amounts contained in the bill. Currently, the solid waste surcharge fee raises approximately $2.8 million per year. The fee is used as the primary funding source for the regulation, inspection and monitoring of private and public solid waste landfills in the State. The Department of Environmental Quality estimates that under the bill, approximately $4.6 million would be raised in FY 2011-12, and using Department estimates for the volume of waste projected to be deposited in FY 2012-13, the fee would raise $4.3 million for FY 2012-13.

Rich people create jobs.  To grow their income they either invest it in outside companies or perhaps their own, which will use the investment to expand, OR they will spend it on the types of products that require manufacture.  Manufacturing itself requires the creation of jobs for the process.  A manufacturer, or Value adding business must produce a product that is worth more than the sum of its ingredients, or it fails.

That is a good thing right?  ..Why yes, it is..

Profits extracted from the process, are flipped back over in the manner described above.

Michigan manufacturers and business owners have created an incredible amount of wealth over the years.  In that process there were a few folks who certainly have done well for themselves, including icons like Mike Illitch, Tom Monahan, Dick Devos, and Rick Snyder to name a few. These 'fat cats' have made it possible for a number of other entrepreneurs to find their road to riches as well.

Its kind of funny however, when politicians discuss these folks as if they are bad ones that need to be punished..