Tag Archive for MEDC

Cronyism, Michigan, Michigan Politics, Rent Seeking

It Would Be About Time

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moore-moneyTaxpayer provided incentives for one industry or another have always been morally wrong and with questionable results.

Maybe this time we can end ONE particular part of an ongoing ‘eating out of our substance’ for the purposes of one industry’s benefit.  HB4122 will do this, and we support its passage.  The Ivory Tower reports on the effort to push through this bill with some commentary on both sides of the debate.  Supporting removal of the subsidies is one former lawmaker:

“The film subsidies send much of the $50 million allocated to them, out of state — to Hollywood millionaires and billionaires,” said former state Rep. Tom McMillin, a leading opponent of the incentives. “A lot more jobs will be created by keeping that money in Michigan and employing Michigan workers to fix roads or keep the money in the pockets of business owners across the state, so they can hire more employees.”

Indeed, one of the missed points when giving taxpayer money away is what the benefit might have been if it had been left in the hands of those who produced it.

This is a start.  Rumors of a bill to end the MEDC have been floating around, and would be well received by overtaxed Michiganians, but so far no such effort from ANY lawmaker has borne any fruit.

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

Here Comes the BIG SCARE

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Boy, the desperation is getting thick within the Ineptocracy that is Lansing, and D.C.

The Federal Highway Trust Fund, which accounts for nearly one-third of the state’s transportation budget, made about $1 billion available to Michigan in 2013. That’s 8 percent less than five years earlier and 15 percent less when adjusted for inflation, according to figures compiled by The Associated Press.

AutoBailoutVisitSo, where the Hell were Senators Levin, and Stabenow? Why did they allow our state to flounder while their man Harry Reid, was in charge? $3 Trillion?

The funding that generally comes from federal gasoline and diesel taxes was up 20 percent over a decade but down 5 percent in inflation-adjusted dollars [happens when .FEDGOV prints money].

The AP analysis also shows that Michigan ranked seventh-lowest among states in per-capita federal transportation funding in 2013 and second-lowest in per-capita overall spending on highways, roads and bridges [why is that?]. Only Georgia spent less per capita.

The same problem that has left the Highway Trust Fund teetering with insolvency [snip]

Go figure. Can you imagine why the Highway Trust Fund is insolvent? Remember, there’s 535 of them all doing the same thing.

is vexing Michigan — people drive less and with more fuel-efficient vehicles while paying per-gallon gas taxes unchanged for two decades. For the last four years, Gov. Rick Snyder and lawmakers have had to divert money from the general fund [snip]

Call it what it is. The diversion or, *stolen* money is a replacement, and an additional tax mostly because a Granholm era boob running MDOT is unaccountable for infrastructure spending, and frivolous railroad schemes – more here – among other wasteful nomenclature frills. Seriously, MDOT has been a documented rogue agency since at least 2006 (yes, guess who?), which oddly enough has ample resources for making videos. Try doing that in the private sector and one would be out of business or, fired, and sued for criminal and/or civil damages.

to ensure the state receives its matching federal transportation money because traditional revenue sources — state fuel taxes and vehicle registration taxes — are lower or stagnant.

Registration taxes are drying up? Well, gee, go figure what happens when Lansing’s Republican Majority loots what isn’t theirs. Went after pensions when it wasn’t necessary? Instantly $10,000,000,000+ flew the coop. Broke the 2007, promise by raising the State Income Tax, which they applied to those pensions. Those two raids alone stole money from folks who have decided to put off vehicle purchases, especially, the retirees who got plundered by Snyder. Look, it ain’t the undischargable student loan debt-slave Millennials who have money. Hell, they can’t even figure out that when borrowing for higher education it effects tuition rates to rise (another cluster**** conversation for another time).

Back on-point.

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2015 MIGOP State Convention, Cronyism, Elections, Michigan, Opinion, Proposal 15-1, Rent Seeking, Republicans, Taxes

Overloaded Your Asses, huh?

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Think that EITC part of the Proposal 2015-1 equation isn’t a fool’s errand? Look at what $9,400,000,000 gets us just to maintain floundering employment while buying poverty moocher’s votes.

“The goal should be to try to honor these agreements or, in the context that if there are changes, they’re mutually agreed to,” Snyder [Mr. Avalon, founding chair. Yes, that John Truscott] said in a Detroit News editorial board interview. “These are major job creators. They’ve helped bring us back economically [what Team Obama says] in the state and we shouldn’t overlook that fact.”

NerdandJohnSnyder said he wants to work with companies holding the business tax credits to “bring better visibility” and “transparency” [a Snyder priority. No, seriously.] to the tax credits, which will consume more than $500 million a year in general fund tax revenue until 2029. The final tax credits awarded under the Michigan Business Tax [thank Brian] don’t expire until 2031, according to the Michigan Economic Development Corp.

The MEDC [Snyder’s Mini-Me] has asked companies to agree to redeem their credits in the year they were issued and give the state a three-year forecast on using tax credits to help governors and legislators budget for the subsidies.

But Snyder did not rule out pursuing legislation to put new rules in place for when the tax credits could be cashed in. [here, pull this finger.]

“I think the starting point should be what we can do in a mutually agreed-upon fashion,” Snyder said.

Mike Johnston, vice president of government affairs for the Michigan Manufacturers Association, said his members, which include Detroit’s three automakers [$3,000,000,000 yes, Ford too], are open to helping state officials know when they will seek tax refunds.

The games all these mother******* play with other people’s money is downright obscene.

We now return you to your regular Team R points its collective finger’s at Granholm programming…

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2015 MIGOP State Convention, Cronyism, Elections, Michigan, Opinion, Taxes

Paging Little Ronna … Paging Little Ronna Romney

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Ain’t this Detroit News story just delightful?

Imaging that. And, CPA Snyder’s $250,000/year numbers guru John Nixon, bails out of Michigan a year ago, too? Go figure.

Snyder enlisted the help of Detroit attorney George Scott Romney, the brother of 2012 GOP presidential candidate Mitt Romney, in bringing Nixon to Michigan, because Romney shared ties to Utah and the Mormon faith.

“They’re just a wonderful family,” Romney said of Nixon, who along with his wife, DeAnn, has six children between the ages of 4 and 17.

“I was disappointed” to hear Nixon was leaving, Romney said, but “I think it’s a wonderful opportunity for him.”

Leaving is “a wonderful opportunity”? That’s an understatement. Then again, ‘ol Elder “Arithmetic” Romney ain’t never been too sharp with numbers, has he?

24 + 4 = 30

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2015 MIGOP State Convention, Cronyism, Elections, Michigan, Opinion

Americans are Sucking Hind Teat, huh?

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Executive Action amnesty in the DHS spending bill is the issue? Gee, look who in Michigan mocks that, and has many Rea$on$ to. C’mon, folks. None of this is anything new. Sure, it’s nice to hear Rep. Issa’s lofty platitudes he talks but, “they’re the jobs that are sometimes undermined by companies just trying to shave the edges”? What utter nonsense. Remember, Buy ‘Merican!, right? Everyone with an above room temperature IQ understands the game while others parrot the *bipartisan* line. Matter of fact, one of the biggest H1-B lies is the 65,000 cap needs to be expanded when foreign nationals with a Master’s degree or higher is exempt, as well is the O-1 visa = unlimited.

So, the next big budget question…

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2015 MIGOP State Convention, Cronyism, Elections, Michigan, Opinion, Proposal 15-1, Taxes

MDOT: Does Governor Snyder Have a Cousin in Railroads too!?!?

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MDOT is a gift that keeps on giving fodder against a 16.7% sales tax hike scheme.

The State of Michigan is paying $1.1 million a year to lease 23 passenger rail cars it can’t use — and likely won’t use for at least another two years — as the taxpayer tab for the troubled project approaches $12 million and counting.

The 1950s and ’60s-era double-decker cars are sitting in a rail yard in Owosso, where they are expected to remain for the indefinite future.

The Michigan Department of Transportation started leasing the cars in 2010 for two commuter rail passenger services proposed between Detroit and Ann Arbor, and Howell and Ann Arbor.
….

Sen. Goeff Hansen, R-Hart, chairman of the Senate Appropriations Subcommittee on Transportation, said he doesn’t want to say much until he has more information on the contract. The deal was signed during the administration of former Gov. Jennifer Granholm, a Democrat, but amended four times during the administration of Snyder, a Republican — each time to increase the contract’s maximum cost.

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Interesting, yes? Speaks volumes how the players on Team R continue to dare not speak out of turn about their beloved Party leader, yes?

What’s even more interesting is the owner, Louis P. Ferris, Jr., who has been networking with the Peoples Republic of Ann Arbor’s Socialist former mayor for the past decade.

P3 projects. Public funds. Private profit. Partnership to extort our money by force of government bureaucrats.

No? But of course, Mr. Transparent.

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Conservative News, Michigan, Opinion, Philosophy, Proposal 15-1

Second Highest Sales Tax in the Nation and Chasing Away Employers

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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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Cronyism, Michigan, Opinion, Proposal 15-1

So much for the RTW/FTW Law, huh?

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Pusillanimous, who apparently has now decided to punt to voters too, has its followers, and its name is… Prevailing Wage.

Other great moments of courage in Michigan Chamber of Commerce history?

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