• yourjizzx cum
  • Current Issues

    The Chairman and CEO of Ann Arbor venture capital firm Ardesta LLC, and newly elected Governor, Rick Snyder, had big plans for the state as a governor. Now his job is to turn these plans, such as putting in place a new budget system, into realities. One of the main things Snyder wants to do is eliminate the Michigan Business Tax, which was created in 2007 to replace the single business tax, and replace it with a flat rate 6% corporate income tax. Snyder says that the current tax hurts Michigan employers and puts the state at a competetive disadvantage, and that "simplifying and cutting taxese is a proven method to grow the economy and fuel job creation."

    The new proposed tax is said to create a tax cut of $1.5 billion for Michigan employers. This money back is meant to restimulate the economy and increase jobs and wages for workers. A tax foundation study shows that every $1 reduction in corporate taxes, wages increase by $2.50 over the next 5 years.

    On the down side, the plan is only said to raise a measly $700 million (compared to the MBT's $2.2 billion estimated last year). With an already crippling budget deficit of $1.8 billion, it doesnt seem like the new tax system will be gaining any revenue for the state. Snyder has said that he plans to stem the shortfalls by looking into the rising costs of public employee health and retirement plans.

    .
    Home
    Agriculture
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Commerce & Regulation
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Criminal Justice
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    In The Courts
    Timeline
    Employment
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Great Lakes & Recreation
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Energy and Environment
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Health Care
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    K-12 Education
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Morality and Family
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Political Reform
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Social Services & Seniors
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    State Budget
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Taxes
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Transportation
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline
    Urban Affairs
    Policy Briefs
    Current Issues
    National Context
    Interviews
    Blog
    Most Popular Posts
    Timeline

    About Us

    The Michigan Policy Network is a student-led public education and research program to report and organize news and information about the political process surrounding Michigan state policy issues. It is run out of the Department of Political Science at Michigan State University, with participation by students from the College of Social Science, the College of Communication, and James Madison College. 

    Read more about us...

    Sponsors

    Michigan State University    Department of Political Science 
     College of Communication Arts & Sciences    James Madison College
     College of Social Science    University Outreach and Engagement

     

    The thoughts, opinions, and positions represented herein are solely those of the participating students and in no way represent an official position or policy recommendation of Michigan State University.

    Our sponsors...

    Meet your Policy Fellow: Nicholas Biondolillo

    Nicholas Biondolillo is tax policy correspondent for the Michigan Policy Network. Nicholas is a first-year student in Engineering at Michigan State University.