Tuesday, October 6, 2009

To the Phones! NO NEW TAXES!

From Republican Michigander

It's time for us to call our reps!

The House is expected to vote on five revenue bills during Tuesday's session.

House Democrats are expected to caucus for several hours before the vote. If all five revenue proposals were to become law they would raise an estimated $345.8 million.

The revenue proposals are:
•a 15 percent reduction in Michigan Business Tax credits, equal to $116.1 million
•raising the state's other tobacco products tax by $41 million
•an extended hours liquor license fee to raise $13.7 million,
•freezing some personal exemptions to the income tax to save $55 million,
•and raising the earned income tax credit by less than the scheduled level to save $120 million.


A sixth proposal to launch a tax on physicians at 3 percent is not expected to come up for a vote today.

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