Friday, March 27, 2015

Proposal 1 Will Cost Average Michigan Household Up to $525 a Year in Extra Taxes

From the Michigan Capital Confidential:  (full article by Tom Gantert)

The average household in Michigan will pay as much as $525 more in taxes in 2016 if Proposal 1 is approved by voters on May 5, according to a study by the Mackinac Center for Public Policy.
The study estimated that increasing the sales tax from 6 percent to 7 percent would cost a typical Michigan household $389 and the change in the fuel tax would cost between $88 and $136.
I'm a pretty typical Michigan household (family of 4), and I know I could use $525 in better ways than these blundering politicians can.  I have a kid going to college next year, and that would buy a lot of books for her, for instance.

No, I'll say it again:  The State needs to get its own financial house in order before it comes knocking at my door for more money to feed boondoggles and the failing public education system.


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