Who's Piggy Bank Gets Bashed?
Our Children, ordinary working taxpayers, certainly the  elderly-especially pensioners; and oh yes; all those teapartians who  brought this on us and themselves; We will ALL get hurt, but NOT  business.
What In God's Name Is The Nerd Thinking? 
Low and moderate-income households and families lose the Michigan  Earned Income Tax Credit, seniors lose part of the homestead property  tax credit and MANY WILL BE COERCED to pay taxes on what is often a  meager pension: many struggling parents who will lose the $600 per child  state income tax deduction.
My God, pray how can this be?
Adding salt to the open wounds: THE STUNNER - TAX INCREASES WON'T OFFSET THE "BUSINESS FIRST"-NERDONOMIC REVENUE CUTS.
SHORT FALLS PUSH A HEAD UNABATED: THAT'S $1.4 BILLION IN CUTS DESPITE A $1.7 BILLION INCREASE IN INCOME TAXES.   
Check the Facts Here  
The consequences of irresponsible Snyder Budget Proposals and cuts  (expanded below) are liberally drawn and expanded from the work of  Senior Policy Analyst Joanne Bump, who has worked in Michigan state  government for over 30 years including 9 years with the Office of  Revenue and Tax Analysis  coordinating the Michigan Tax Expenditure  Report, the Economic Report of the Governor and the Michigan Economic  Review and Outlook. She's a degreed expert in these areas.
1.) Schools are legislatively shorted $470 per pupil cut, thus  robbing children of educational opportunities.  This  while the  competing private, for-profit, Republican favored "Faux Public"  academies. It would lift the present legislated "cap" on further  expansion.  Once lifted more tax-eating storefront and quasi-religious   operators are loosed to take in millions more scarce public tax moneys  with no direct public control or taxpayer accountability.
Nuts? You Bet.
2.)  Universities take a meat cleaver chop at 15%,  with a direct  impact on students attending;  hardships inflicted by Teapartisans  in  multiple ways;  those who are on very limited allowances or work/study  regimens are thrown off food coupons.
Skinflint? It's a direct blow; the way to far less graduates, fewer high-skilled/professional new hires.
3.) Local revenue sharing that helps pay for local services will be  CUT AND CASH STARVED; THEN POTENTIALLY SUBJECT TO THE WHIP BY PLUNKETT  & COONEY'S SUITED LEGAL HOUNDS (should their unit run short on  revenue)and also to be ORDERED ABOUT BY THE SHADY ANDY DILLON top-down.  Local officials caught in this bind HAVE A CHOICE: they can resign now;  in full anticipation of the coming impact or face the possibility of  being attacked and DISENFRANCHISED FROM ELECTIVE OFFICE FOR YEARS TO  COME; if their units come under "financial emergency" provisions control  is out of local hands. The State takes over!
Threats to Take Over Local Units Are In H.B.4215, 2011
Is such force pro-active, the right way to recovery and bring future harmony between Lansing and the locals? NO!
IT'S A BRUTAL TEAPUBLICAN DEVISED SYSTEM OF PLANNED FAILURE, AND  POLITICAL USURPATION THAT TARGETS AND UNDERMINES LOCAL CONTROL.   Heads  up: this situation is totally without precedent in our state's heritage  and despoils our former high honor; we diligently maintained LOCAL  control-where neighbors know best how to allocate and expend their tax  dollars-for all the past years.
Do you find this all hard to believe?
Call your state officials or  the backroom bosses at the Mackinac Center in Lansing; check this out.  Ask a Teapartiasn how this can be.
4.)  12,600 of the state's poorest families MANY WITH NEWBORNS OR  CHILDREN will lose what little public assistance grants they receive;  Will they even survive (if at all) with out private charity?  All this  suffering comes at a time when jobs continue to be scarce, unemployment  at very high levels.
Will there be heartbreaking consequences for an est. 14,000 additional children pushed into poverty?  Wait for the 2013 and following for heart-rendering, Dickensian TV news stories to find out.
The sad, sad tag line:  
All of this in Snyder's very first days as a  political apprentice  in a statesman's office.   Snyder presses on  goaded by the undermining pol trio of Gingrich, Engler, and Norquist;   Knowing the state is not agreeing with him. Because, when polled, voters  have three times (by upwards of 3 to 1) favored increased taxes to  cover the revenue shortfall in the present state structure.
And voters  again, most recently, made it clear that  they the "voters do not favor  this titanic shift from businesses to working families by ending the  Michigan EITC."
Are you listening Rick.?  Are you listening?    WHAT WILL IT TAKE TO MAKE YOU LISTEN?
Original Post.
RULE. – Read for improvement, and not for show. The great object of reading is to improve your minds in useful knowledge, to establish your hearts in virtue, and to prepare you for a right performance of the duties of life. – W. H. McGuffey
Sunday, February 27, 2011
Nerdonomics Equals Fairness? Duh! Kid’s & Working Families: the Retired Elderly Get Clobbered With Both Cuts & Higher Taxes
Labels:
Michigan,
Michigan Education Fund,
Michigan Public Education,
Michigan Tea Party,
Rick Snyder,
Rick Snyder Budget,
TeaPublicans
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