|11-15-2011, 08:32 PM||#1|
Producer of Nonsense
Join Date: Aug 2006
Location: Sun and Beachville
More States Raising Taxes On Poor
I know this came up back in the day but it appears to be spreading to some degree. I first heard about it as just Michigan but there's three states listed here. I think the message is pretty clear: "Poor people, GTFO"
LANSING, Mich. (AP) — Michigan is among just a handful of states raising taxes on low-income working families while cutting taxes for other groups, the Center for Budget and Policy Priorities said in a report released Tuesday.
The Washington-based group notes that Michigan, New Jersey and Wisconsin all have scaled back tax credits for low-income workers in recent years while cutting business taxes. In Michigan's case, low-income families will see their tax breaks shrink starting next year by about $260 million annually while businesses will get a $1.1 billion tax break starting in January and a $1.7 billion tax break the year after.
|11-15-2011, 09:22 PM||#2|
Join Date: Feb 2008
Interesting strategy. We'll see if it's more effective than taxing the businesses with the equally clear message, "Jobs, GTFO."