Rick Snyder, 1.8 Billion in corporate tax cuts, Taxes Elderly and poor

[gimpy117]

You heard right. Michigan's wacky governor is at it again, but this time hes decided to pay for 1.8 billion in tax cuts to businesses by raiding grandma and grandpas cookie jar, taxing their fixed pensions. Also, Snyder is planning eliminating many personal tax credits for middle and lower class families, Like the Earned Income Tax Credit (ETIC). This in effect Raises Taxes for low income ($22,000 a year for example) by $689.00 while a family with more than 5 times the income will have an increase of just $77.00. A tax hike is planned for families making over $250,000 a year but "Even then, their tax increase still is $6 less than the working single parent's tax hike and accounts for less than three-tenths of 1 percent of their income. That's compared with more than 3 percent the tax increase takes out of a working mom's pay."-Detroit news.
Even more distrubing is his decision to start taxing pensions and eliminating credits for seniors on fixed incomes.

But hey, Are there no prisons?, Are there no workhouses?

http://detnews.com/article/20110226/...-means-for-you