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 - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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