Retiree groups warn Michigan Legislature of pension tax fallout

[Bozita]

Source: Detroit Free Press

Retiree groups warn Michigan Legislature of pension tax fallout
11:10 AM, Dec. 2, 2011
By Paul Egan
Detroit Free Press Lansing Bureau

LANSING – Four retiree groups joined forces at a news conference today to warn state lawmakers it’s their “last chance” to repeal a pension tax set to take effect Jan. 1, or suffer the consequences at the polls.

“We want to make our members ready for the election,” said Eric Schneidewind, president of AARP Michigan.

-snip-

He said the groups together represent 1.5 million people and two-thirds of retirees are regular voters.

Leaders of the groups said the state’s partial removal of income tax exemptions for public and private pension income is unfair for those who planned their retirements under the old system and the change is particularly galling because the $330 million the tax raises next year will go to reduce business taxes, not to pay for needed services.




Read more: http://www.freep.com/article/20111202/NEWS06/111202028/Retiree-groups-warn-Michigan-Legislature-pension-tax-fallout-

[SoapBox]

1. The Nerve!

"because the $330 million the tax raises next year will go to reduce business taxes, not to pay for needed services"

No...Fucking...Way!

To reduce "business taxes"?

No...Fucking...Way!

Time to VOTE these bastards out of office.

[ChairmanAgnostic]

2. ALEC and KocheadBros at work.

[midnight]

3. Boy Michigan between Carl Levin and this, it's getting real obvious who is writing the legislation-

ALEC....

[libinnyandia]

4. A lot of the people affected probably voted Republican. So sad.

[MichiganVote]

7. The Dem's in this state didn't want to raise taxes in the state on the wealthy either.

[libinnyandia]

8. The democrats can change their minds. nThe republicans never

will.

[MichiganVote]

9. None of them will in Michigan. Dem's included.

[sarcasmo]

5. The wife and I are pissed off that governor douche bag is going to cost us

about 1500 dollars next year.

[MichiganVote]

6. K&R

[sarcasmo]

10. Kick!