|
|
||
|
|
Granholm Increased Taxation and Spending 10% in 2009 Total State Revenues, which include taxes and fees from all sources and total state spending for the fiscal year ending September 30, 2008, amounted to $43.6 billion in the State of Michigan. But for the fiscal year ending Sept. 30, 2009, this figure went to $47.9 billion, according to a new report by Taxpayers United, which was founded in 1976 by Dick Headlee and Bill McMaster to successfully win statewide voter approval of the 1978 Headlee Tax Limitation Amendment. “That represents at 10% increase in State Taxation and State Government spending over the previous year,” states McMaster. “Grassroots taxpayers now have proof Gov. Jennifer Granholm is responsible for Michigan’s continuing financial ruin by expanding the size and uncontrolled spending of State government, while increasing taxes and fees beyond the ability of grassroots taxpayers to keep on paying her accumulating debts,” McMaster released the report last week during a meeting on limiting Government’s creation of ‘Authorities’ as new units of government with taxing power that was held in the State Capitol. The almost $48 billion collected and spent in 2009 includes $5 billion in Federal Stimulus money. Gov. Granholm estimates total state revenues for the current year ending Sept. 30, 2010 will be $44.5 billion, including what is left of Stimulus money. The federally reported consumer price index (cost of living/COLA) for Michigan residents in 2009 was minus one-half percent. Michigan’s unemployment rate the last year years has been growing worse – consistently 50 percent worse than the national average, with more than half of the 2009 job losses in the United States occurring in Michigan.
|
|
|
|
||
|
home |
Out & About |
Dining |
Events |
singles |
classified |
archives |
advertising |
||
