Tuesday, January 31, 2023

Governor Half-Whit Loves Taxes So Much

So much so, that she and the state Democrats are now busy scheming to try and prevent the state income tax cut mandated by law due to excessive taxes being collected.

The Detroit News: Looming automatic tax cut has Michigan Democrats studying options
A proposal to redirect income tax revenues to avoid the potential income tax cut has been floated by Democrats privately in Lansing, in recent days, according to two sources with knowledge of the discussions who were not authorized to speak on them publicly. The possibility comes as state lawmakers look for ways to fund a program aimed at attracting large job-creating projects and as they prepare bills to provide targeted tax relief by decreasing taxes on retirement income and boosting a credit for low-wage workers.

Meanwhile, higher-than-expected tax revenue could trigger a cut in Michigan's personal income rate from 4.25% to 4.05%, or somewhere within that range, under a 2015 law, according to the nonpartisan House and Senate fiscal agencies.

Yep, they're trying to do some accounting gimmicks and stuff a crony slush fund to try and prevent the tax cut for all. 

Simply pathetic.

Pathetic yet understandable. 

After all, it's hard to grift and trade favors when the tax cut applies equally to all, rather than just going to favored Democrat voting groups.

3 comments:

pigpen51 said...

You are a much more charitable person that I. My preferred spelling of the Empress of Lansing is Whitless, since I can't imagine that she has even half of a brain, to figure that what she is doing is for the good of our state. Then again, perhaps the Democrats don't actually care about the good of our state, and only what is expedient for the Democrat party.

Aaron said...

pigpen51: Yes, she's definitely on a tear entrenching the Democrats and feathering their nests nicely and everyone else's expense.

Old NFO said...

Y'all need something like TABOR out in Colorado, but you'd never get it through those idjits.