Tag Archive for Tax Preparers

Conservative News, Michigan, Opinion, Philosophy

The Next Time Someone Says Coal Is Bad

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Even the bureaucrats understand an electric system that is fubar.

energyBreak out the blanket and paddles.

Folks speculate all the time whether ‘renewable energy’ is plausible enough to hit 10%, 15% etc. by a certain date.  We have had our governments propose and mandate certain dates are met with minimums of electricity being provided by ambiguous, as-yet-to-be-discovered sources to the point where our eyes bleed.

However, in the mean time, it seems someone is taking notice of the insufficient resources that only ‘magically clean’ will provide.  The Michigan Public Service Commission (MPSC) has somehow looked beyond the fools in Michigan’s political theater to address a looming reality. They are starting to actually ask the important questions.

And they are probably just starting to realize, our electric capacity is on borrowed time:

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Michigan Politics

No, It’s NOT Under The Bridge

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Clearly, there are interests who will misrepresent data to freak out lawmakers into knee-jerk reactionary positions..

So when we find out the flawed data provided by Jackson Hewitt that was probably the basis for a couple of fence sitters to get lazy and stupid, we don’t have to pretend it doesn’t matter.  Some great big We-Told-You-So’s are due. Perhaps next time low information legislators will look a little deeper into what it is they are exposing the state to.  Mackinac Center Legislative Analyst Jack McHugh says:

“It maMCC_Masthead_2xy be water over the dam, but one report on the potential impact to employers if Michigan did not adopt the Obamacare Medicaid expansion has been exposed as being essentially bunk due to flagrant misuse or misrepresentation of the data it cited.

This is worth noting because the claims from Jackson Hewitt were widely cited by Republican lawmakers here who supported the expansion, and probably tilted others into that camp. Its conclusion was that “employers may pay substantially higher federal tax penalties under the ACA (Affordable Care Act) in states that do not expand Medicaid.” Jackson Hewitt estimated Michigan employers would pay between $42 million and $63 million in penalties without the expansion.

But a further study revealed that to be untrue.

The study notes incomplete demographics and assumptions of static employer behavior in the examples legislators used in justifying their yes votes. No, this is not water under the bridge, but rather a “teachable moment” that will be willfully ignored by those who took the blue pill with regard to Obamacare.

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