Is it still raining in Michigan?

As I have been telling folks for the past year, Republicans have raised the effective tax rates on more than half of all Michiganders in the past year. You’ll notice when you do your state taxes this year; many folks are already facing the reality that, instead of getting a refund like they always have in the past, they now OWE several hundred dollars to the State of Michigan. Get your checkbooks out, folks. SOMEBODY has to pay for nearly $2 billion in tax cuts for corporations and that somebody is YOU.

Meanwhile, as the tax coffers start to overflow a bit, Republicans are eager to sock some of it away into the Budget Stabilization Fund, otherwise known as the “Rainy Day Fund”. During the financial meltdown during the latter half of the Bush administration, Governor Granholm was forced to use that money to keep the state afloat. The fund now has a half billion dollars in it. The question many are asking is if we should put MORE money in it.

What do YOU think? Take our poll after the jump.

This doesn’t smell right Yesterday I reported that the state government employees were not going to be forced to take unpaid furlough days due to the state budget surplus. Later that afternoon, I received this press release from the House Democratic Caucus: House Dems Champion Restoration of School FundingExpect funds to be added in supplemental, next year’s budgetLANSING – The […]

Small favors… The Lansing State Journal is reporting that, due to the state government budget surplus, unionized government workers will not have to take four unpaid furlough this year as was previously believed. Nearly 37,000 unionized state employees will not have to take four furlough days before Oct. 1, 2012, as originally projected, state officials said this afternoon. Kurt Weiss, […]