Taxes

Do The Dance

It's that time again. Beg your king for tax forgiveness.

Perhaps someday, we won’t have to ask permission to opt out of buying our business equipment over and over.

For the time being however, if the business related property you own is less than $80,000 in true cash value, you must.  IF you don’t feel like paying property tax on it.  Our benevolent overlords have made it possible with Michigan Department of Treasury form 5076; that ‘golden ticket’ for small business which relieves them of the perpetual financial burden of fixture ownership.

Of course it is hardly an everlasting gobstopper of taxation relief. the 5076 form must be filed annually, and specifically with your local township, city or village taxing unit.

You have until February 10 to turn this sucker in.

You’re welcome

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Nolan Finley really should come out of the closet.

Supporter of Detroit bailouts and special Detroit tax hikes, a non-libertarian “Libertarian” for president, noted contributor to the democratic party and now this.

This latest rant might have been credible if it weren’t for this.

I’d post that clown pic of him right about now…if I didn’t find that demeaning to actual clowns whose job it is to get people to laugh on purpose.

‘Nuff said.

 

 

 

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Fear The Stupid

No matter how crazy some tax scheme is, never underestimate the power of stupidity in large groups.

So we thought Michigan’s newly implemented gas tax was bad?

Sure, the road tax puts us at the most expensive gas tax level in the country.  And because of the idiocy of OUR large groups in Lansing, it even protects itself for inflation!  But even so,  our absurd taxation scheme has been relegated to second place in absurd tax schemes.

If Michigan were to follow the lead of Philadelphia (which I think could somehow happen), every six pack of coke 16.9oz bottles would have $1.52 tacked on.  Every Pepsi 8 pack would have $2.03 added on.

And Gatorade?

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26 Cent Gas Increase?

We expected the gas tax increase to bring about a $0.07 gas, and $0.11 diesel bump, but ..

We are getting reports from around the state show increases are a little higher.  In Traverse City, Gasoline that was at $2.33 per gallon jumped to $2.47, and stations with  $2.35 gas jumped to $2.59.  It seems there is some confusion caused by the GOP led legislature’s ‘Christmas’ present of 2015.

What is happening where you are at?

 

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More Trouble With TIF

Traverse City enables more cronyism in its latest money grab.

Does a Tax Increment Financing (TIF) scheme really work?

It seems that each year, special TIF districts are set up throughout our state in order to promote growth or development of a particular economy or industry.  The revenues raised through a TIF scheme are theoretically targeted, specifically for the district raising the value of that district over a specified period of time.

But does it work well enough and is it worth the effort, and goodwill lost, as it continues to be abused by those who hold the authority?  As voters look at the millage requests on the ballot, they now see the language that reminds them that not-all-of their voted in millage will go where it is intended.

A TIF scheme is done by

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Renew Your Plates Now!

With Michigan's upcoming confiscatory registration hikes, its time! - Save 20% by renewing early.

Michigan vehicle owners can renew their registrations up to 6 months ahead of time.

If your tabs are going to be due from now till June, its time to act to save a few bucks.  Using Express SOS, you can avoid the 20% markup this year that our tax hungry legislature and governor have in store as-of Jan 1, 2017.

You’re welcome.

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That is quite a disguise you are wearing there, Mr. Finley

“Wolf” in sheep’s clothing.

 

In case anyone needed a clue as to why The Detroit News wasn’t acting like the Conservative Newspaper that it once was?

Digital First Media certainly pays its employees well to act like something they are not.

Hmmm, I wonder if Stephen Henderson is really a conservative???

H/T to Brandon Hall @ West Michigan Politics

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Um yeah, about that Detroit Pistons move…

Normally, sports doesn’t have much to do with politics here in Michigan.

Only in this case, what is happening behind the scenes should be of concern to everyone living in Michigan.

Hint: Think politicians being generous with other people’s money.

{Continued below the fold}

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Because paying twice for the same things always makes more sense.

"First rule in government spending: Why build one when you can have two at twice the price?" - S.R. Hadden (John Hurt) "Contact"

I’m going to throw out a few hypothetical questions to the readers here at RM, and I’d like to get your candid response.

Ready?

Here we go…

{Click the red box to continue}

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