A COMEBACK PLAN FOR MICHIGAN
The financial crisis for state government in Michigan calls for real reforms—an end of wasteful tax giveways and a modernized and fair system for funding Michigan’s priorities. A Better Michigan Future’s four-point priority plan calls on the Legislature and Governor to:
Implement a Graduated Income Tax -- Michigan is one of only seven states with a flat-rate tax. We must modernize our tax code to ensure fairness and equity, while offering a tax cut to 90 percent of Michigan families. Audit Government Contracts -- Reduce wasteful spending by conducting performance audits on $16 billion worth of government contracts with an eye toward efficiencies -- ensuring Michigan taxpayers are getting the most value for their dollar. Close Tax Loopholes & Giveaways -- Eliminate tax incentives and loopholes for companies failing to create and retain jobs, while requiring yearly performance reviews for all remaining tax credits and incentives. Modernize the State's Sales Tax -- Our current sales tax is based on the old economy; we must expand the sales tax to include services and luxury items to ensure stable revenue into the future. |
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LANSING – Citizens coalition A Better Michigan Future today called on Gov. Jennifer Granholm and the Legislature to reform Michigan’s broken structural revenue system on the eve of Granholm’s State of the State address. Michigan faces a nearly $2-billion deficit for 2010-2011, and the government has shut down twice in the past three years. Read more >
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State Senate Majority Leader Mike Bishop has proposed a constitutional amendment that would force local government workers to take a 5% pay cut and freeze pay at that level for the next three years. He wants to balance the state budget on the backs of the workers. Read more >
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Here’s a number I find most interesting in Senate Republican’s $2 billion savings plan for Michigan:
$5 million. Read more >
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