Redstate

By saul anuzis Posted in Gary Peters | huckabee | McCain | Michigan Republican Party | Presidential Primary | Republicans | Saul Anuzis — Comments (0) / Email this page » / Leave a comment »

266 Days until Election Day

MORNING UPDATE:

We held a press conference at Central Michigan University yesterday…looking for Gary Peters?!? He has a $65,000/yr job teaching one class, one day a week…while running for Congress. Ethics…Democrat style. Milk carton to follow him throughout the campaign.

Happy Birthday to our National Committeeman Chuck Yob!

Huckabee folks are hunting for delegates…see your local Huckabee supporter. Gary Glenn and Bill Voorheis are leading the way here in Michigan.

John McCain sent out their delegate count and the math/path to the nomination…he appears to be heading into next week as the presumptive nominee. State Co-Chairs Chuck Yob, Holly Hughes and Cong. Fred Upton are calling to rally the troops heading into this weekend’s convention.

I’ve been asked who & where to call to help…McCain’s Grassroot Chair - Dave Dishaw will be at the convention this weekend, and I’m sure there will be sign-up opportunities.

Public information isn't always readily accessible by the public.

Michigan Attorney General Mike Cox argues that in the Internet age, there's no reason that the details of every dollar spent by the state shouldn't be at the fingertips of the people who provide the revenue. He’s leading the way…see article below:

Yesterday, President Bush signed H.R. 5140, the Economic Stimulus Act of 2008. The U.S. economy is structurally sound for the long term, but growth has slowed. To address short-term economic uncertainties, the President last month called on Congress to pass an economic growth package.

THE REST OF THE STORY:

- The Economic Stimulus Act will allow Americans to keep more of their money to stimulate consumer spending. The growth plan provides rebates to 128 million American households. Payments will go out through late spring and summer so we can get help to our economy when it is needed most. Under the legislation:

Ø Individuals and families are eligible to receive up to $600 for individuals and $1,200 for couples. A minimum of $300 per person and $600 per couple would be available to those with at least $3,000 of earned income. This relief would be available to everyone with adjusted gross income less than $75,000 for singles and $150,000 for married couples filing jointly. It will be phased out for taxpayers above those income thresholds. Taxpayers may qualify by filing a tax return for 2007 and including a valid Social Security number on their tax return.

Ø Everyone eligible for this relief would also receive an additional $300 per child. For example, this would mean up to $1,800 of tax relief for an eligible couple with two children.

Ø Recipients of Social Security and certain veterans' benefits are also eligible for rebates. Those who receive at least $3,000 from any combination of benefits from these programs will receive rebates. The IRS and Treasury Department will be working closely with the Department of Veterans Affairs and the Social Security Administration, along with beneficiary organizations, to ensure that all eligible individuals are able to receive their payments.

This legislation also offers incentives to spur business investment. The legislation would save businesses approximately $50 billion in near-term taxes through a temporary change to the tax code that will allow American businesses that buy new equipment this year to deduct an additional 50 percent of the cost of their investment in 2008. This will encourage businesses to expand and create new jobs now because buying equipment, software, and tangible property this year will dramatically lower their taxes.

Ø The legislation also increases expensing for small businesses. This means that a business placing less than $800,000 of equipment into service this year would be able to immediately deduct up to $250,000 – up from $128,000 – of its investment in 2008.

For complete post go to: http://migop.blogs.com/blog/2008/02/articles-of--13.html

Saulius "Saul" Anuzis
Chairman
Michigan Republican Party