Tag Archive for Billionaire parasites

Second Highest Sales Tax in the Nation and Chasing Away Employers

They_screw_the_little_guyWell, that’s what the Snyder/Calley Ballot Proposal to raise the sales tax 16.7% is – Second only to California – and we all know (or should know) what a fabulous job creator environment California is, right? Can you say exodus? Yes, high taxes are a factor driving business away but, massive regulatory issues also plague them, which destroys jobs and their creators. Interestingly enough, and very similar to the Golden State, our One Party Rule majority in Lansing, is on floundering course to the same tax and regulatory environment as can be reviewed here.

Oh! Then there is this wee bit of judicial tax policy “intent” legislating from the bench.

The controversy involves 134 out-of-state companies doing business in Michigan. They sued to collect $1.1 billion in refunds they believed they were due under the 2007 law. If they prevailed, the loss would have created a large hole in the state budget.

happy-snyderThe Michigan Supreme Court ruled in July that IBM could receive tax credits under the old law.
….

Tricia Kinley, senior director of Tax & Regulatory Policy for the Michigan Chamber of Commerce, said she had not reviewed Talbot’s decision [Engler appointee], but the chamber believed the Supreme Court decision on the IBM case should have settled the issue. She said the chamber found it “utterly disappointing and stunning” when the Legislature and Snyder signed the law to “undermine” the high court’s decision.

“That sends a chilling message to job providers,” said Kinley. “You can try to have your day in court, but even if you go through the great pains of litigating and you win, the Legislature might pull the rug out from under you.”

A spokeswoman for Attorney General Bill Schuette, who defended the state in the case, referred questions to the state Treasury Department, where no one could be reached for comment Monday afternoon.

Surprised the top cop and the taxman hide from their retroactive thievery? Not really, as it has become standard operating procedure for those in today’s government, and an electorate with a 30 sec. attention span. Nevertheless, isn’t this refreshing to see someone at the Michigan Chamber of Commerce has the integrity to speak truth to power? I’m actually glad to see a woman wearing the pants at the chamber who boldly calls it the way it is without pulling any punches on The Big Spending Party.

Yes, Mr. Studley, we are directing this at you. It’s time for your leadership against $700 million more for non-road related spending.

Ps. Uh-hum, tis the season, you know? Until we’re proven wrong, res ipsa loquitor

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Constantine is Giving us our Wings

Not sure if others noticed this in the Detnews.com yesterday, however, while our strabismus AG rummaged about his archaic footnotes of legalese, and even citing back to his Democratic Party predecessor as to somehow absolve an end to justify a collectivist means – there is this.

Macedonian_MafiaOlympia keeps all revenue, including concessions and parking, and any naming rights deal. In an earlier interview with The Detroit News, Christopher Ilitch, president and CEO of Ilitch Holdings Inc, defended the way the arena was paid.

“A public-private partnership is the only way any of these type of projects work in an urban environment,” he said.

He pointed out that while The Palace of Auburn Hills was paid for by private owners, the key difference is it’s an isolated venue in the suburbs.

“The Palace gets all the revenues from parking, concessions, retail,” Ilitch said, pointing out that those sources of revenue are key to the financial success of a major venue.

Did you catch that? Out in the boonies of alleged sparse populous, a billionaire with his own money, is to house his own business with rightful privilege to any and all revenue gained from his ancillary services provided to his customer.

Now, contrast the above with the “urban environment” festooned within a bailout, and the opulence of guaranteed populous in a 143 sq mile boundary, it is unequivocally noted by said li’l Caesar, that not only is what is his, his – what is ours is also his too.

Added bonus to us outside the bowels of “urban environment“?

The state reimburses schools for diverted money.

Well, golly gee. Thanks a lot for that, too!

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Pay up Suckers

Never underestimate the local ‘Team R’ actors who will roll with RINO Ron’s DIA Bailout.

gingell_mike_smIn the letter, which Gingell read to The News, Gargaro said he wants to work on connecting the three art authorities — which are contracted with the DIA and collect tax money on behalf of the county — with compensation decisions by meeting with them three or four times a year.

“So the county art authorities have opportunity for input, so that’s a good measure,” Gingell said. “They would review the DIA audited financial statements and discuss it in an open forum with the art authorities. It’s definitely more outreach, more transparency, more practical steps to address compensation.”

Reached by The News Wednesday afternoon, Gargaro declined to discuss the specifics of the letter or what it was offering. “I haven’t had a chance to speak with the commissioners about it yet,” Gargaro said.

In other words, Eugene Gargaro hasn’t read the official script yet.

Gargaro is expected to meet with commissioners during their caucus Thursday morning, Gingell said. That will take place just before the start of the regular board meeting, at which commissioner Dave Woodward, D-Royal Oak, had planned to offer a resolution to dissolve the Oakland County Art Authority, which sends $11 million a year to the DIA.

Gingell said once all 21 members of the board read the letter and speak with Gargaro, “my personal opinion is things will move on” and the issue of dissolving the art authority will be over.

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Yep. Easy peasy. Just another case of watching the layers of bureaucrats and their insider onion peel.

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So, Weiser was in on the DIA Raises too

Ho, ho, ho, this certainly is fun. The chair of the DIA just threw RINO Ron under the bus.

“We sincerely regret that we did not anticipate the way in which our promotion and compensation decisions in late 2011 and early 2012 would be perceived in late 2014 in light of the conditions that developed for the city and the region as the DIA millage was approved in late 2012 and as the City of Detroit entered bankruptcy in 2013,” Gargaro said.

This from, Thursday, December 16, 2010:

“We are happy to welcome these prominent community members to our board,” said Eugene A. Gargaro, DIA chairman of the board. “Their dedication to the arts and array of experience and expertise will help us continue to provide great art and educational programs to the community.”

Re-elected members include Jeffrey Antaya, chief marketing officer, Plante & Moran, PLLC; Eleanor Ford, philanthropist; Thomas Sidlik, retired from Chrysler; Ronald Weiser, retired ambassador to Slovakia; and Janis Wetsman, art collector and philanthropist. Marc Schwartz, managing partner in SM/ART Editions, was re-elected to the board after a two-year hiatus.

Lying frickin’ liars.

Shall we talk about those low interest loans, Ron?

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Surprise Surprise

Dick and Betsy’s cupcake caught in his own web of lies.

Another of cupcake’s bald-faced lies? “Cut the income tax rate.

Pure bullshit.
Dick_and_Betsy_house_pervert_attack_org

Enjoy Snyder and Calley’s Obamacare entrenchment, Greg.

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Kevyn Acts None the Weiser

It would appear, Mr. Orr has learned his place within the U of M cronies.

NerdOrrWealthy patrons vowed to bankroll a legal fight between the Detroit Institute of Arts and the city before mediators reached a deal to save the city’s art collection, Emergency Manager Kevyn Orr testified Thursday.

Orr testified about behind-the-scenes pressure applied by the DIA and patrons who believed the multi-billion dollar art collection could not be sold and was held in public trust — and explained why the city didn’t hire an auction house tied to a local billionaire. A costly, prolonged legal fight threatened to delay Detroit’s attempt to shed $7 billion in debt and emerge from bankruptcy court.

While not naming names, Orr said patrons vowed to fight any attempts to sell the 60,000-piece collection. Many of Metro Detroit’s leading families, including generations of Fords, have donated art to the internationally renowned museum.

“High-value net worth individuals who have an interest in the (DIA) were motivated and had the wherewithal,” to support a legal fight, Orr testified.

The city believed it could sell pieces of the DIA collection purchased with city funds during the last century.

MORE

Thanks, Ron.

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Uh-oh… Nolan has the Fantods

Gilligan's IslandFinley’s brand of centrist Hopium is wearing off as it appears that pragmatism now sucks.

Snyder’s response is a somnambulist commercial in which he comes across as dull as a valiumed-up dental patient with a message eerily reminiscent of Granholm’s infamous “in five years, you’ll be blown away” pledge.

Michigan hardly ever unseats an incumbent governor, particularly when the economy is on the upswing. If there were a 2010-style Republican wave cresting, Snyder would be up 10 points in this race.

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Except now Snyder has his apolitical record of screwing over everyone to accomplish his amoral big government agenda, which ain’t a helluva lot different from the DNC/MDP apparatchik.

Tough lessons for those who followed a corporate snake who built the bulk of his personal wealth by means of taxpayer subsidy at the MEDC, however, if one plays in the middle of the road, sooner or later they’re gonna get crushed. Nobody likes those that pretend they’re everything while standing for nothing.

I’m staying my course with a vote for Ruth Johnson. To hell with the rest of ’em.

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