Tag Archive for Taxes

The Editor’s Choice Awards

RightMi.Com editors weigh in on their favorite anti-prop 15-1 articles.

GasTaxRegistrationFreesHikeWe’ve had plenty to say about proposal 15-1.

In fact, there was so much to be said that we had to create a special category for it, and all things leading up to, and related have been edited by Kevin to reflect their importance to the issue.  While the traditional media sources play the equal opportunity game with both proponents and opponents of HR UU (proposal 15-1), it’s been our position to not do so.  We have maintained that equal opportunity is already a function of those who would lie about its ‘advantages,’ and it needs no further promotion to make it one of the most dangerous options Michiganians have ever faced at the ballot box.

As we wrap up the arguments with only 2 days left before the polls close, RightMi.com editors thought it important to offer up a few ‘MUST READS!’ As you make a special trip to the polls for an election day that you wouldn’t have if the last legislative session would have done its job we have highlighted the most compelling.  The editors have selected 5 or more articles from RightMi.com directly, and one other from anywhere else, traditional or otherwise.

Let the review begin!

You Betcha! (15)Nuh Uh.(2)

Lucido Clear On Proposal 15-1 Power Grab

Why would we need to tax ourselves more at the pump or otherwise???

Don’t even start with me on government honeypots.

There’s a problem with those big ol cash reserves set up for specific issue.  They WILL get raided for something else someday.  Recall the tobacco settlement which has been re-purposed at least a couple of times since the award.   Remember the BCBS Three and a half $Billion of ratepayer/Taxpayer (by reason of contract with state)  money that has disappeared.

Peter Lucido says not necessary. While most lawmakers are cowering in fear lest someone learn how they stand, he is as clear as glass on the issue. In this case, its a $20,000,000,000.00 pile of dough that earns nearly a billion a year?    Given the planned obsolescence of such a fund in the wake of ‘insurance reform,’ why on earth would we NOT consider its use for paying down current and immediate needs.

$20 billion? holy guacamole.

Oh and someone stand watch over Rick’s ‘stash’ ok?

You Betcha! (20)Nuh Uh.(0)

Are you suffering from lawn envy?

Admit it. Your front lawn is bland.

It needs something to “jazz it up”  a little.

Lawn Gnomes won’t do the trick.

Neither will gazing spheres, solar powered lawn lights or tiny banners displaying the upcoming holiday.

Why not try this?

{Find out about the wonder item that everyone will be clamoring for below the fold}

You Betcha! (10)Nuh Uh.(0)

Another One Bites The Dust

Good news from Northern Michigan Republicans.

STOP-167About a week ago, someone told me that first congressional district Republicans were considering passing a resolution in support of Proposal 15-1.

I thought it strange, and frankly I had my doubts on how long I could tolerate such craziness if it was true.  Especially given the resolutions saying “NO” to 15-1 by delegates for most of the county parties which make up the first district. In fact, Grand Traverse County passed a resolution that was voted on by delegates and passed unanimously Feb 5.

My first instinct was spot on.

No worries in the first district.  Following the lead by the county parties within, and several other Republican districts without, the passing of a “NO” statement on 15-1 was easy at a 21 to 2 vote count.  Well done first district Republicans.

The resolution as passed is below the fold.

You Betcha! (9)Nuh Uh.(1)

Michigan’s February Unemployment Rate Redux

When You Fiddle Data Series, Fiddle All The Correlated Data Series

George Orwell-During Times of Universal Deceit
Remember the startling unemployment announcement from the Michigan Department of Management, Technology, and Budget (DTMB) last month?

  • That Michigan’s February 2015 seasonally adjusted (SA) U-3 unemployment rate had dropped to 5.9% from January’s 6.3%?
  • That the 5.9% February 2015 SA U-3 unemployment rate was down 1.9% from Michigan’s 7.8% February 2014 SA rate?
  • That 88,000 more ‘seasonally adjusted’ Michiganders were working in February 2015 than one year earlier?
  • That the not seasonally adjusted (NSA) 12 month increase in Michigan employment was even better at 101,000?

Well, there is a little problem with these goal-seeked, U.S. Bureau of Labor Statistics (BLS) X-13ARIMA-SEAT massaged unemployment statistics. They simply are not true.

You Betcha! (13)Nuh Uh.(0)

Say No To Proposal 15-1 Rally April 15

Opposing proposal 15-1 are the overtaxed citizens from BOTH sides of the spectrum.

Traverse City-Protest

Photo from actual Traverse City Protest.

It could possibly be an unusual gathering April 15.

Given the fact that most conservative Republicans and the left-of-center Democrats agree that the May 5th proposal is an unmitigated disaster, its possible they might actually walk side by side at 11AM in Front of the Traverse City Post Office on Tax Day. If one watches the polling results, follows through by reading the comments on the major media pro 15-1 shill attempts, one might walk away thinking the only the political class centrists are the ones who really really want this garbage.

Holding breath on working together? Not entirely.

However, what a treat it would be to shove this bad medicine down the throat of the cronyist Snyder and his milquetoast minions.  The mantra of there being “no plan B” is worn out already.  Putting taxpayers into a corner might elicit thoughts of the wolverine that is threatened once this play is done.  Higher taxes hurt the left as much as the right, and passage of this boondoggle is a constitutionally guaranteed increase of taxes every single year.

Where:  In front of Traverse City Post Office on Union and State St. 
When:   11 am till 1 pm or as long as you can.  April 15th tax day (Depending on size we may walk to the Parkway and Union St.)     Appropriate signs please.

If you are in the area on April 15 at 11AM, join 15-1 opponents to say NO to higher taxes.

You Betcha! (26)Nuh Uh.(1)

Michigan Budget At A Glance

As we go forward, these tools will be made available for a spot check on the Governor’s priorities.

This chart represents most of the Michigan spending based on Rick Snyder’s 2015 budget. The only section missing is the $5 million spent on the executive office.  The amounts shown here represent the TOTAL spending in any one area.  Additional charts showing more complete breakdowns of moneys spent and the sources will be made available as there is time.  The chart will also be modified to note the changes from the time Snyder took office in 2011 all the way through the 2016 desired numbers. (click on the image to enlargen)

Mi-Budget-3year

Note the significant increases in the community health (medicaid expansion), Treasury (MEDC, revenue sharing)  and school aid areas.

You Betcha! (15)Nuh Uh.(0)

$ 70 Million More Down the Drain Every Year

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.

You Betcha! (18)Nuh Uh.(0)