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Tag: taxationBy Rougman, Section News
The question should not be whether or not Michigan taxpayers would be willing to ante up more to government in the form of taxes. The question should be whether anteing up more in taxes will help or hurt the economy, help or hurt job creation, help or hurt the creation of wealth, or help or hurt the state of Michigan.
A recent survey funded by the W.K. Kellogg Foundation found that a majority of 314 Michigan residents said they would support an increase in the sales tax to balance the budget and cut business taxes to create jobs.There was a day when I would have supported paying a bit more in taxes to turn things around. That was until I discovered that paying exorbitant taxes pushes the economy in the exact opposite direction. (5 comments, 594 words in story) Full Story By Rougman, Section News
Perhaps not John, but a PhD in economics might help straighten out that whole "We are losing one resource -- our talented workforce and the energy of our young people -- and we are giving away another resource, our water, for free," thing.
You see, John, the reason we are losing our talented and energy filled youth is because there are no longer enough jobs or wealth in this state, you know, the one that your political party has been running with an iron fist for the past seven years. (Longer than that if you count powerful union influences and the bottomless money pit of Detroit.) Private sector jobs will not be sustained or created if there is no profit--businesses, unlike government, cannot operate indefinitely by either borrowing Chinese money or by the arbitrary sponging of additional revenues off of its subjects. (1 comment, 590 words in story) Full Story By jenkuz, Section News
Yesterday, I listened to President Obama say these words.
Despite the progress we've made, many businesses are still skittish about hiring. Some are still digging themselves out of the losses they incurred over the past year. Many have figured out how to squeeze more productivity out of fewer workers. And that cost-cutting has become embedded in their operations and in their culture. That may result in good profits, but it's not translating into hiring and so that's the question that we have to ask ourselves today: How do we get businesses to start hiring again? From the perspective of an employee of a small business, I can't tell you how cynical and dream-crushing your perspective is, Mr. President. I don't see how you can claim, sir, that your administration has made any progress, economy-wise. Here in Michigan, I've been told there were some stimulus jobs in the 83rd congressional district, however, there are only 15 districts in Michigan, and they number 1 through 15. I don't like to talk about myself as much as you do, but I'd like to share some of my experience to let you know what types of things you all are doing "in Washington that are inhibiting" me. I was hired 4 years ago to do a highly-skilled job that I had no idea how to do. With the help of my fellow co-workers, I learned. I learned fast. It wasn't long before I could see some ways of doing things at work to make the job simpler, and more effective. I became supervisor and was involved in the hiring process. I helped hire people who had the same amount of knowledge of the job as I did when I got hired. I am now helping them to become as successful as I have been. I can't tell you how many jobs I've had before this that I literally stared at the clock, waiting to go home-where I never did anything either. That's not living, that is only existing. You see, when you learn something, a skill or a piece of knowledge, you feel good about yourself. You say to yourself, "Wow, I did that. Maybe there are more things I don't yet know I can do." When you know you are able to do something that you never thought you could, you start to think that what you have been dreaming about doesn't just happen to lucky people, you start to think that those people who have reached their dreams worked at it, and learned as much as they could to achieve them. Those people become entrepreneurs, small businessmen and businesswomen. Every person has a dream of what they really want to do. Some dreams become nothing because of the lack of work involved in making them come true. In Michigan, I believe the back-breaking amount of work involved in holding one's dream is a direct result of the "inhibiting" effects of Michigan's current administration and your administration. Sir, why would any small business person hire someone to do nothing? After they worked so hard to take the chance to reach their dreams, why would they disrespect another human being in such a manner? Who would say to an applicant, "Look, don't try to get ahead in life, sure I did it, but you can't." Not me, never ever. It takes hard work to reach your dreams, it takes a non-productive existence to suck them away. For the small business owner out there, I have a few questions that I'd like to ask you to answer in the form of a comment.
Questions: Do you believe intrusive government is slowing your recovery? If so, how? Do you believe the current administration has made progress in the economy? Are you cutting costs on your workers? If so, how has that resulted in good profits? When do you plan to hire, and, what needs to happen so you can hire again? (680 words in story) Full Story By Rougman, Section News
This is about the umpteenth verse to a song that has been blaring in the taxpayers' ears ever since wise government operatives first decided to get involved in every facet of the lives' of its people.
(1 comment, 467 words in story) Full Story By Rougman, Section News
cross posted at a thankful Rougblog
Rep. Alma Wheeler Smith thinks that voters are of a frame of mind that they might do something radical next year. They have been pushed too far! She believes that citizens have noticed the way that Michigan's state government has shut down in two of the last three budget processes. She believes that teachers, parents and children have noticed too that their school's funding has been under attack. She is pretty sure that voters have noticed that prisons have been closed and that police have been laid off, that the state fair is being shut down, that libraries are closing, and that somewhere on a vacant stretch of little used highway far from civilization, there is a pothole. Alma Wheeler Smith is running for governor and as a long shot candidate, she needs an issue to make waves and get attention. Amidst the government shutdowns, the layoffs, the budget cutbacks, closed schools, sidelined police cruisers, shuttered libraries, empty pig stalls, and remote potholes, she thinks she may have found it, and it is radical. Tax the rich! (4 comments, 797 words in story) Full Story By jenkuz, Section News
I am in the 1st district where I am taxed without representation. Stupak is my Congressional Representative.
I found this podcast of the Frank Beckmann show, which is only accessible in these parts by computer streaming. I am a huge fan of Frank Beckmann, even though I don't get to listen to him very often. The podcast runs 17 minutes, you should listen to it, but here is my take of what was said; (4 comments, 229 words in story) Full Story By Rougman, Section News
A very simple truth in economics is that you get more of any behavior that you reward and you get less of any behavior that you punish. This does not mean that each and every subject of punishment or reward changes his behavior all at once or at all, but it does mean that as these rewards and punishments are slathered upon the masses, measurable changes in behavior take place.
This is lost on many politicians who prefer to abide by their own rules that dismiss the impacts of human behavior on economic models. Believe it or not, we have a good number of politicians who operate in a vacuum completely oblivious to such notions. In light of the fact that both Oakland University and Central Michigan University are in the process of adding medical schools to their campuses ostensibly to address the expanding shortage of doctors in our state, do you think it is wise for our cash-hungry Michigan government to tax doctors an additional 3% of gross revenues on top of all the other taxes that they pay? (3 comments, 325 words in story) Full Story |
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