
his massive Democrat tax hike does indeed define Michigan's future and it ain't pretty. Not only does it steal $1,350,000,000.00 from the pockets of working moms and dads across the state but it takes $1,350,000,000.00 out of the private sector... out of the economy.
We're the only state to lose jobs over the last four years, the only state to lose jobs last year, the only state to lose jobs thus far this year with the highest unemployment rate since the nation finally shook off it's Jimmy Carter fatigue, almost twice the national average. And the Democrats in Lansing are breaking out in applause after successfully pushing the state into it's first ever government shutdown before riding the votes of the Democrat legislative majority to a job killing tax hike the likes of which we haven't seen in twenty-four years.
Impact of higher Michigan income tax
Its not looking real good for the state and this will just make it worse, where's a good place to move too?
Texas. See tax burdens by state at the U.S. Census website.
Texas ranks 50th (out of 50) in tax burden. Before this tax hike Michigan ranked 12th.
That doesn't compare different income brackets though so depending on how much you make your personal rankings are likely different. Texas though doesn't have an income tax so there is less penalty for working here than elsewhere.
Texas doesn't sound bad, does your state have a lot of golf courses?
I'm not a golfer however there is a major tournament that makes local news each year and draws tons of people from around the country called the Byron Nelson that is in Dallas (I'm in Fort Worth). The site for that tournament is here.
Otherwise I know each town in this metroplex has at least a municipal course and I've seen several private courses around as well so I think golfing is well represented in this area. The other cities in Texas I've lived in I honestly didn't care enough about golf to ever pay attention. Most of the uptown housing communities are centered around a private course and lakes.
Seems like a pretty small increase when it actually hits my pocketbook.
Will you cover mine then too?
Good talk.
Is that a No?
I guess I was just hoping you could help me understand why you think this is a big problem for you, because for me, it won't be. But, you didn't do that so, whatever.
I'm also wondering what kind of value for money ajs will get for the extra tax dollars he has to hand over. I'm guessing nothing. In fact, is anyone going to get any value for money? I can quite understand why someone would be upset on handing over their hard-earned money for nothing.
DrDanny, it may be nothing concrete that ajs can hold in his hand, but what if it's more money for education? Or more money to fund state services such as police and fire departments? The money that would have been cut without a tax hike would have had to come from somewhere.
The money that would have been cut without a tax hike would have had to come from somewhere.
I say take it all from education and give me my money back.
I would be interested to see the tax rates in Michigan compared to other states. Is it really so bad?
Here is a comparison of state income taxes,
This isn't just about the here an now of Michigan, this is also about 5, 10, 15 years down the road. If we keep spending money we don't have as a state, the debt we incur will stay with us for decades. In my opinion, Granholm is doing the best she could with what's she's got. We have an economy in Michigan that was closely tied to automotive manufacturing. With the popularity of foreign cars that boast cheaper costs, dependability, and higher gas milage, Michigan would inevitably suffer more than most states. The current problems in this state can't be tied to anyone currently in a leadership position, this trajectory was put into place long ago.
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