Saturday, December 20, 2014

One Percentage Point Increase, Not One Percent!

Don't let the politicians and mainstream media fool you, fellow Michiganders. If the sales tax goes from 6 percent to 7 percent, that's a one *percentage point* increase, not a one percent increase.
A one percent increase means the sales tax goes from 6 percent to 6.01 percent. In other words, if you make $10,000 in taxable purchases, your tax bill increases by a paltry six dollars, from $600 to $606. Whereas under the proposed 7 percent sales tax, your tax bill increases to $700. That's almost a *17 percent* increase, folks.
Don't let the bastards do it. If the State of Michigan is rich enough to drop $170 million in welfare for Mike Ilitch, even as it pays cops to harass pot smokers, prostitutes, and 19-year-old beer drinkers, it's rich enough to fix the roads.
While we're at it, maybe we can get the feds to stop bombing roads and bridges in the Middle East only to turn around and build them back up. Haven't you had your fill of this racket yet?


Post a Comment

<< Home