Bingo
16.61% debt to GDP in Michigan
http://www.usdebtclock.org/state-debt-clocks/state-of-michigan-debt-clock.html
Until we remove the I.E.D. (Internal Enemies Device - jizya/tax) put on us from the waste and spend socialists/totalitarians, make the legislature part-time with no benefits - no medical, no retirement, no staff, no perks. They can have jobs doing something productive, not “progressive”.
Socialism Is Legal Plunder - Bastiat
$18,804,627,877,462+
Enslaved enough already.
Agree. We’re the ones being double taxed to make up for these companies.
In Texas, Dell is cutting thousands of jobs (an annual event), again. Their many years contract with all the perks and lower taxes is ending so expect those pink slips after the New Year but before Feb. when their fiscal year starts.
We do not have a tax COLLECTION problem. We have a spending problem. Shuffling the method of tax collection only changes who’s ox gets gored. Consistently, 19% of GDP is about the max that will and can be collected.
What needs to change is SPENDING. Until we get to the point where spending is 2% of GDP lower that tax collection and remains there for multiple years / administrations, we will continue to have debt and a weaker economy.