MI MORNING UPDATE: TAX DAY, MSU Board of Trustees race, Barack's CA remark

By saul anuzis Posted in Archived | Barack's remark | G. Scott Romney | Lisa Bouchard | Michigan Republicans | Saul Anuzis | Tax day — Comments (0) / Email this page » / Leave a comment »

204 Days until Election Day

MORNING UPDATE:

April 15th, the day we ALL pay our taxes and it is one of the BEST days of the year to recruit “new” Republicans. It’s been a long time since we’ve had a Governor who represents the “taxpayer”. When you elect Democrats…you get higher taxes.

I’ve listed some tax reforms we desperately need to consider and implement both at the state and national levels. See my list below.

Frustration with the governor and Democrats is one of the main reasons folks are talking about enacting a constitutional amendment requiring a two-thirds (2/3) vote of both houses of the legislature to raise taxes. This maybe the only way to avoid another tax increase from being rammed down Michigan taxpayers’ throats.

Requiring a “super majority” to increase taxes would be a great way to celebrate April 15th…if the legislature won’t do it, maybe a citizens petition drive could?

Michigan State University Board of Trustee’s slate seems to be coming together with incumbent Scott Romney running again and Lisa Bouchard (yes, Mike’s sister-in-law) who is an active Republican and community activists as well.

MSU Board of Trustee candidates:
G. Scott Romney
Lisa Bouchard

Barack Obama has smacked residents of Michigan and the Midwest in the face with his insulting remarks attempting to psychoanalyze small-town life and people of faith. His remarks in California while pandering to a San Francisco audience were inexcusable and need to be rejected.

It’s shocking that someone aspiring to the Presidency looks down upon so many of us. http://migop.blogs.com/blog/2008/04/newt-on-the-rea.html

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THE REST OF THE STORY:

TAX season is upon us. Here are a few reforms we should consider:

1) Simplify, the one-page, "optional flat tax" or a consumption based "Fair Tax".

2) Replace depreciation with expensing common sense and a stimulus.

3) Expand IRAs/401(k)s and index them to inflation.

4) Abolish the "Death Tax" mom and dad earned it, let the family keep it.

5) Abolish the Capital Gains and Dividend Tax taxing savings & investment?

6) Abolish the AMT Alternative Minimum Tax - outdated and punitive.

7) Establish "Tax Me More" accounts for those who feel under-taxed.

8) A federal Balanced Budget Amendment—Fund it or spend less!

As you pay your taxes and file our tax returns and realize how backwards and punitive our tax system is, let us think about, discuss and push for some real changes/reforms. Real change requires real change.

- Tax Freedom Day® will fall on April 23 in 2008, according to the Tax Foundation's annual calculation using the latest government data on income and taxes.

Join our Internet celebration of the day Americans as a whole have paid their taxes and can start working for their self!

That’s three days earlier than in 2007. Stimulus rebates and a projection of slow growth in 2008 are the principal reasons for the earlier celebration.

Five major categories of tax dominate the tax burden. Individual income taxes, both federal and state, require 42 days’ work. Payroll taxes take another 28 days’ work. Sales and excise taxes, mostly state and local, take 16 days to pay off. Corporate income taxes take 13 days, and property taxes take 12.

Alaskans kick off the celebration of Tax Freedom Day® on March 29, more than a week before any other state’s taxpayers. Three states will have to wait until May to celebrate their state-specific Tax Freedom Days: Connecticut, New Jersey and New York.

Find out your state's Tax Freedom Day® at:
http://www.taxfoundation.org/taxfreedomday/

For complete post visit:
http://migop.blogs.com/blog/2008/04/articles-of--13.html

Saulius “Saul” Anuzis
Chairman
Michigan Republican Party.

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