Wednesday, July 26, 2006

Granholm Is Raising Taxes?



Governor Granholm telegraphed her preference for a replacement of Michigan's job-killing Single Business Tax Monday, identifying more than $31 billion in potential new tax increases.

The new tax increases were identified in a `report' issued by the Michigan Department of Treasury in which the Granholm agency referred to "revenue forgone." While not tying the report to the administration's yet-to-be-announced plan for a new business tax structure in Michigan, it is nonetheless the most-comprehensive offering to date from the governor on how she would prefer to replace the onerous SBT.

"Governor Granholm's idea of tax relief for Michigan's struggling businesses is - surprise - even more taxes on businesses," MRP Chairman Saulius "Saul" Anuzis said. "This is a common theme from Governor Granholm's economic plan, a plan that has lead to a single state recession and has put Michigan ahead of North Dakota as the No. 1 state people are moving away from."

So, we should vote for Gov. Gramholm because she is raising taxes to keep us broke? Or how about keeping us in the poor house?

4 comments:

Brad said...

From what I have read, Governor Granholm has long supported shifting the tax burden away from the SBT without losing $1.9 billion a year in revenue. It would seem to me that the identified $31 billion would be possible replacements for eliminating the SBT. The legislature has dragged their feet on this issue and luckily Granholm has been able to get tax breaks approved to lure companies like Google, ePrize and others to establish or expand their operations in MI.

I don't think we can blame Governor Granholm for inheriting a budget running way into the red from Engler and for the problems with the auto industry and the state's reliance on manufacturing? Her jobs program is starting to pay off and Dick DeVos sure isn't going to help anything with his lack of ideas.

akindele akinyemi said...

I don't think we can blame Governor Granholm for inheriting a budget running way into the red from Engler and for the problems with the auto industry and the state's reliance on manufacturing? Her jobs program is starting to pay off and Dick DeVos sure isn't going to help anything with his lack of ideas.


Lack of ideas..read the turnaround plan.

as far as jobs..where are they? I cannot find a job in this state. In fact, Michigan leads the country in unemployment.

Placing the blame on engler, bush, etc is not getting the job done.

Brad said...

I have read the DeVos economic plan and it's filled with standard Bush administration rhetoric and overall there is a lack of details on how he would enact these plans.

I agree that placing due blame on Bush, Engler, etc isn't a solution, but it's necessary to understand the extremely difficult situation that Granholm inherited. She fixed the budget and is addressing the jobs issue. However, it will take time as the state's reliance on the auto industry and manufacturing has left MI more vulnerable than any other state.

I understand it is difficult right now for many people, but it would seem to me that Granholm deserves another term to follow through on her aggressive jobs plan and fully execute it.

akindele akinyemi said...

while allowing Granholm to return to office I will still have the reality of not finding a job that pays according to my profession, higer taxes and no hope for the inner cities in Michigan.

I would take DeVos over Granholm any DAY.