Tag Archive for EITC?

Cronyism, Detroit, Elections, Michigan, Opinion, Proposal 15-1, Rent Seeking, Taxes

Proposal 1 Comment Of The Day

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Well, yesterday’s, as I just noticed today but, it is noteworthy: Click here.

You see, once one moves past what I call Chuck’s cutesy outhouse-genius mentality of telling wondering tales, it all comes down to the $116,000,000.00 baked into Proposal 1 that Chuck & Co. would like to get their hands on for Rick Snyder’s perpetual Detroit bailout and his Utopian moving of chattel schemes.

einstein_simpleThere are many viable Plan B options in the works, and we all know that. The end.

Ps. we all should thank our lucky stars for term limits. Moving to a part time legislature is way past its needing, too.

Pps. does one wonder why Chuck is so sensitive about protecting the insurance lobby sitting on $18 Billion without ever opening up their books for audit?
GasTaxRegistrationFreesHike
Just sayin’…

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Cronyism, Elections, Michigan, Opinion, Proposal 15-1, Rent Seeking, Taxes

Rep. Franz Explains the Disaster That is Proposal 1

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Wait until you discover zero sales tax dollars goes to roads, and the Education Fund doesn’t mean money going to schools. Enjoy.

Think those additional costs on shipping goods to stores aren’t going to be passed along to you on top of the direct personal hit to the wallet? Better think again about that.

Thanks for voting against this convoluted, Snyder invented perpetual tax hike during the lame duck, Rep. Franz. Also, thanks for being the only Rep. to address this, and the fact there are multiple “Plan B’s” in the works.

STOP-167And, to you out there who are appalled that Lansing had the audacity to foist this abomination onto us, you better get off your asses and Vote NO on May 5, because the news outlet editorial page propagandists pushing Snyder’s agenda is already ramping up their “it’s all we got” meme as noted here and here.

Remember, requirement is 50% + 1 stinking vote is all it takes to entrench this mess into our constitution.

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Cronyism, Elections, Michigan, Opinion, Proposal 15-1, Rent Seeking, Taxes

Roads are a Healthcare Issue, huh?

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OK, Slick Rick, here’s an $18,000,000,000.00 “insurance policy” waiting for fixing only roads.

So, Snyder’s goal is to protect the insurance industry lobby? Rick Snyder and Brian Calley have a huge credibility problem, yes?

Gilligan's IslandAnd, Snyder is wasting our money on his frivolous River of Opportunity Lake of Lobbyist special interest payola pursuit of this universally despised constitution tampering disaster Proposal.

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Cronyism, Elections, Michigan, Proposal 15-1, Rent Seeking, Taxes

Spring is Beginning to Blossom in the Mitten

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Here comes the Boom!

TV-ADSIt’s been a relatively quite week at the gas pump, based on the national average holding at $2.426/gal versus last Monday, but while some motorists are enjoying mild declines, the Great Lakes has taken over what the West Coast saw weeks ago.

Prices are soaring throughout the Great Lakes with big spikes most prevalent in Illinois, where prices have increased an average 29c/gal versus last week. Michigan trails, having risen 25c/gal in a week, while Indiana, Wisconsin, and Ohio have risen 15c, 13c and 12c, respectively. Meanwhile, Kentucky saw an increase of 10c/gal.

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Remember, that’s why: Tis not 1 percentage point – it is a 16.7% Sales Tax Hike – 30% Registration Fee Hike – ultimately a 200% Tax Hike on Fuels

Oh! Ya, and with this “feature“.

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Elections, Humor in Michigan, Michigan, Opinion, Proposal 15-1, Rent Seeking, Taxes

Bejebus! Our Proposal 1 inbox is Smoking Hot This Morning

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A reader sends this juicy morsel from Paul Egan a few days ago.

STOP-167■ Allow cities whose transit services carry more than 10 million passengers per year, which includes Detroit, to spend up to 20% of its share of Michigan Transportation Fund money on transit, rather than city roads and streets.

■ Add language to allow the Michigan Transportation Fund to receive money from any source, not just fuel taxes and vehicle registration fees.

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GasTaxRegistrationFreesHikeCan one say Regional Transit Authority? Us well-informed RightMi.com readers sure can. Matter of fact, there is a Tag for that, and we here will allow the missed it by 4% registration fee hike to remain in this Tag, here.

But, back to that RTA… isn’t it nice of the movers and shakers within SEMCOG to provide means of special assessments and property tax hikes by statute for the ongoing bailout of Wayne County? Gee, all of Michigan should thank, slick Rick and Lt. Calley, for that, no?

OABTW, did I happen to mention that I had the opportunity to shake hands with our beloved Republican governor on St. Patty’s Day? True story.

I was at a local convenience store reaching for my wallet and accidentally intercepted Snyder’s hand.
CamachoSnyderBecause every president really needs a *Smart Guy™*…

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Cronyism, Elections, Michigan, Opinion, Proposal 15-1, Rent Seeking, Taxes

Vote yes or you all will D-I-E!!!!!!!!!!!!!!

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That’s the latest narrative for unaccountable MDOT from “Vote Yes” spokesperson governor Snyder.

GasTaxRegistrationFreesHikeGov. Rick Snyder joined Wayne County Executive Warren Evans [see here], Washtenaw County Sheriff John Clayton, Brad Williams of the Detroit Regional Chamber [these guys] and others for a morning press conference at a fire station in Dearborn [allah shazam].

Snyder, holding chunks of a broken road and bridge, reinforced the public safety message that the “Safe Roads Yes” campaign is emphasizing ahead of the May 5 vote.

“Can you imagine one of these coming through your windshield?” the governor said, going on to state that 14 percent of the bridges in Metro Detroit have plywood installed beneath them to catch falling concrete. “Your life is in jeopardy.”

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McLellan_Mac_Cen_Vote_Yes_man-behind-the-scenePathetic. You know what? I’m getting a little sick of the scare tactic bullsh!t coming from Snyder to justify his big spending, and crony contractor friends. Even a party bootlicker like Tom Shields recognizes this is a major backfire, however, milquetoast Willy’s protégé hailing from Ann Arbor, is tone deaf on the matter and I strongly encourage Snyder, along with his Lt. toad to carry on with this “we’re all gonna dieeeeeee” meme. I mean, what’s better than having tax-hike loving Virg Bernero in Prop 1’s corner?

STOP-167Perhaps, commercials showcasing a school bus with a disgruntled AFSCME driver in them? Maybe, some mom who maintains her own life in the very same fashion that MDOT maintains theirs and the squandering of our tax dollars while lying about it?

Remember folks, Prop 1 is a $2,000,000,000 hike with annual tax hike ratchet mechanism on fuel with a whole lotta public sector union payola (everywhere) and fraud embedded into it.

Stop-100Is that how our state constitution should be changed?

I think not.

You Betcha! (27)Nuh Uh.(1)

Conservative News, Democrats, Detroit, Elections, Michigan, Michigan Politics, Proposal 15-1, Taxes

$ 70 Million More Down the Drain Every Year

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Michigan Triples Down On The Most Abused Federal Program

Flushing-Money

The U.S. Government Accountability Office released its FY 2014 estimates of improper payments made by the Federal Government in testimony before the U.S. Senate’s Committee on Homeland Security and Government Affairs on Monday. The Improper Payments Information Act of 2002 and the Improper Payments Elimination and Recovery Act of 2010 require Federal Executive Branch agencies to estimate the levels of improper payments in all Federal programs. The GAO assembles this data and reports the levels of improper payments, along with recommendations to minimize such improper payments.

At the Federal level, all improper payments amounted to about $ 125 billion dollars in FY 2014. Even by casual Federal accounting standards this is breathtaking.  Three cents of every Federal Government dollar spent. Going through the GAO’s estimates by program, the Earned Income Tax Credit is at the top of the list by percentage of improper payments: 27.2 % of all EITC payments are improper. The GAO estimated FY 2014 improper EITC payments by the Federal Government alone amounted to $ 17.7 billion dollars. Other Federal programs burned more dollars, but none had the percentage rate of improper payments that the EITC has. Not even close.

The most obscure element of the tax increase package which Michigan voters will be asked to approve on May 5th is Senate Bill 847 of 2014. This bill is a $ 260 million annual increase in the State of Michigan’s version of the EITC. The EITC will increase from its current 6 %, to 20 %, of the Federal EITC credit allowed under Section 32 of the Internal Revenue Code. Currently, the Michigan EITC pays out about $ 80 million from the Michigan Treasury every year at the 6 % rate.

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Cronyism, Detroit, Michigan, Opinion, Rent Seeking, Taxes

“Grand” Bargain the County Edition

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via WXYZ

bailouts“Fitch downgraded $203 million in building authority bonds, $186 million in limited general obligation bonds and $51 million in stadium refunding bonds. … jail boondoggle that wasted $130 million and counting.

Wayne County has a structural debt of $50 million and $40 million more is needed each year to bring its pension system back – the underfunding accounts for about 70 percent of the long-term debt of $2.9 billion.”

Hmmm… bond issues, huh?

You Betcha! (17)Nuh Uh.(4)

Elections, Michigan, Opinion, Proposal 15-1, Taxes

Kids, This bus Doesn’t Move Until you all Buckle Your Seat Belts

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Of course, the title of this post is as fictitious as the propaganda below.

See that? Now it’s about children’s safety so, see Sec. 257.710e (2). Precious cargo, huh?

At least the $2B annual tax hikers stopped just short of “Or even the whole bridge” in this attempt to excite the emotions of easy preyed upon dimwits who might be gullible enough to buy into this contractor lobbied nonsense.
STOP-167Stop-100

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