tag:blogger.com,1999:blog-2852364419506562339.post302162735571137053..comments2023-06-10T07:22:06.640-07:00Comments on Representative Rick Olson Reports from Lansing: Impact on Michigan Seniors from the Governor’s Tax Reform ProposalRick Olsonhttp://www.blogger.com/profile/02781281626652430027noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2852364419506562339.post-63414894950240233122011-02-27T12:26:42.427-08:002011-02-27T12:26:42.427-08:00One other problem with the Governor's approach...One other problem with the Governor's approach is that for the Business Community, Return on Business Investment (ROI) often takes longer than election cycles do.<br /><br />While business investors might like this new legislated approach, they still won't get too excited about Michigan because they KNOW that when (not IF, WHEN) the Left slides back in to power in Michigan, they will attack these "pro-business" measures with an angry vengeance and pile the taxes and regulations on Michigan's Job Providers once more.Mr Spartanhttps://www.blogger.com/profile/07124253379440334908noreply@blogger.comtag:blogger.com,1999:blog-2852364419506562339.post-6357034641069868132011-02-27T09:11:14.178-08:002011-02-27T09:11:14.178-08:00Excellent recap and analysis, Rep Olson.
Just rea...Excellent recap and analysis, Rep Olson.<br /><br />Just reading through this for only ONE segment of Michigan society - retirees - makes the reader's head spin! Even Michigan's comparatively simple income tax system is convoluted, complex, unfair and subject to "political pressure" and "powerful voting blocks". (If in doubt, just re-read Rep Olson's blog post.)<br /><br />The Problem is ELIMINATED with the implementation of the MI FairTax. With the MFT, no one's income - pension or otherwise - is taxed. The Income Tax system is replaced by the tried and true Sales Tax system, which almost any 10-year old in Michigan can explain.<br /><br />But, if the Governing Class wants to stay in control to continue to meet with lobbyists, flip the switches, dial the knobs and tweak the meters on our existing Tax Code, this is what we will always have.<br /><br />www.mifairtax.orgMr Spartanhttps://www.blogger.com/profile/07124253379440334908noreply@blogger.com