Friday, May 13, 2011

Michigan’s TeaPublicans Have Just Raised Your Taxes by Nearly 2 Billion Dollars to Bailout Their Business Buddies Without Proving Why...

Michigan’s TeaPublicans Have Just Raised Your Taxes by Nearly 2 Billion Dollars to Bailout Their Business Buddies Without Proving Why Business Needs This Massive “Gift” of Cash

A malignant miasma has overtaken Michigan Legislative Republicans. This party, so opposed to "new taxes," has just A-bombed a sizable section of the state with a massive tax increase, a nearly 2 billion dollar "gift"/"bailout" to business interests-now firmly in total control of all four branches of Michigan governance:
1. The State House, 2. The State Senate, 3. The Executive Branch, and 4. The Michigan Supreme Court.

Stonecold Ugly is the rule of the day.

Radicalized Republicans, known as TeaPublicans, have become the owners of a massive tax increase on a defenseless section of the public: The old, the poor, the school children. Passage of Snyder's budget proposal yesterday literally stolen from them an unprecedented-targeted tax takings.

The "bum's rush" is on, with much more to follow.

Particularly, Snyder wanted his budget passed before next week's report that there is a sizable uptick in revenue from recent economic activity.

Two deceptive elements included in the Nerd's budget are: The clever K-16 treatment (lumping into the K-12 budget higher ed) of the $650 million school fund surplus, which coupled with the uptick in collectable revenues (about to be released) would offset, to a large degree, the harsh cuts to school funding imposed and inflicted by anti-public education GOP Teapartisans.

Specious is the Snyder Nerd-O-nomic claim that this massive taxation is "fair." It destroys the Nerd's claim that his budget-based on a huge tax increase for a targeted group-includes, somehow, a "shared sacrifice" on the part of business.

There's no sacrifice involved here for businesses, but there is a real possibility of dozens of "Kalkaskas" statewide.


Original Post.

No comments:

Post a Comment