That's a nice sound bite. The net effect may be a cut in business taxes, but that's not a bad thing. Businesses don't pay taxes, people pay taxes. Businesses pass on the cost of doing business (taxes included) to their customers, you and me. Under Snyder's plan, businesses will pay a 6% corporate income tax and small business owners will pay at individual tax rates. Seems pretty fair.
NOBODY wants to pay more taxes but I'm tired of the entitlements, special exemptions, etc. There's an old saying: "Don't tax me, tax that feller behind the tree".
Plus, the Michigan Single Business Tax is terrible. When I was a small business owner even when I didn't make a profit or lost money I STILL paid the SBT.
What I want a stop to is the sweetheart pensions and lifetime healthcare given to public employees that are NOT the norm in private enterprise.
Tell me: how can a Sheriff's deputy (neighbor of mine in Macomb County) retire with a $79,000/yr pension (untaxed by the state) at 45 yrs old (yes, RETIRING AT 45 yrs old) when his annual wage was $54,000/yr? If he lives to 75 or so, he'll make way more in retirement than he ever did on the job. Plus, the County Finance chief wrote a deal for County workers few years ago that let them keep working for up to 5 years before retiring (getting their normal paychecks) while collecting (in an escrow account) their pensions. He was the first one to sign up for it and walked away last year with a check for almost $400,000 from the escrow account. That's on top of a pension that most County families would be able to raise their kids off of and STILL have a nice lifestyle. It's criminal. I see in Snyder a man who will put a stop to all this. I'll end up paying more taxes when I retire in a few years, but that's fair if the rest of citizens' have to as well, including "rich" people whom everyone loves to think should shoulder the whole burden.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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