Hi Rachel, I’m the Internal Communication Director for the Michigan FairTax Assn. As you’re aware, our state legislature has recently enacted the Michigan Business Tax [MBT] as a response to ending the Single Business Tax [SBT] (a gross receipts tax). Our goal is to inform Michiganders about a proposed Michigan FairTax alternative that would both simplify, and stimulate, Michigan's business / jobs climate in order to stem the mass-emigration of businesses and families currently taking place.
The proposed Michigan FairTax would REPLACE the income tax and current sales tax, with a consumption tax (sales tax at point of retail sale). Under this plan, no more state tax will be withheld from Michigan wage-earners' paychecks. What's more, every Michigan resident-family will receive a monthly "prebate" check, in amount based on family size. This will ensure that NO Michigan family will EVEN BEGIN paying the MI FairTax on goods / services unless, or until, they exceed poverty-level spending.
Under the MI FairTax plan, points of collection are substantially reduced to just retailers, many of whom are already collecting sales tax. Because service providers must account for income tax withholding and compliance costs, their prices carry a hidden tax which a FairTax will make visible. (Business-to-business purchases would not carry the tax, as this would, again, hide the cost of taxation in prices.)
Because of the "prebate" (advance rebate calculated as .0975 x $ [poverty level spending per family size]) to ALL Michigan-resident households, the MI FairTax rate would effectively be 0% on all monthly family spending to the poverty level; thereafter it's 9.75%. A reasonably inferred average effective rate would be ~5.5% (see p.2 of pdf brochure, also review an economic analysis [pdf] on MI FairTax effects prepared by the Hillsdale Policy Group).
If you want you can invite more friends to this Community on MyNorth.com who love the area or are raising kids in this area or who have move away and still want to be connected etc. Hope to see you soon!
Rachel,
Some of the 86ers have been meeting once per month at the Top of the Park ... the 3rd Tues of the month. We met last night. Had a great time. I don't have Brian's email anymore to include him. Will you ask him if you can give it to me to include him? You could always join us! You still having a candle thing this Friday? I haven't heard any further than the first email about it. xo, b
Sorry I left work early on Fri to get my hair cut, so I didn't get this. We ended up with 9 boys at our house watching the game. It was fun. They needed something really fun bc they were at regionals for XCountry and didn't make it on to State Finals. :( They had a great time and one of the kids ended up staying the night. It's funny to see them and listen to what they think is funny at this age. :) They played football in the backyard during half time and after it was over. I hope you had a blast on your night out! Love ya!
I call you Sat, if I'm available. If I'm not, you will just have to do get together w/me soon! Do you know what you are doing Sat, I can't remember what you said ... or maybe you just said we are going out!
b
Hey, My friend, Rach! Welcome! Love ya! Let's get together soon! You have any girl time available. Or I can just come over and hang with you. Miss you! Look at Bean! Who's on the right of the pict?
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The proposed Michigan FairTax would REPLACE the income tax and current sales tax, with a consumption tax (sales tax at point of retail sale). Under this plan, no more state tax will be withheld from Michigan wage-earners' paychecks. What's more, every Michigan resident-family will receive a monthly "prebate" check, in amount based on family size. This will ensure that NO Michigan family will EVEN BEGIN paying the MI FairTax on goods / services unless, or until, they exceed poverty-level spending.
Under the MI FairTax plan, points of collection are substantially reduced to just retailers, many of whom are already collecting sales tax. Because service providers must account for income tax withholding and compliance costs, their prices carry a hidden tax which a FairTax will make visible. (Business-to-business purchases would not carry the tax, as this would, again, hide the cost of taxation in prices.)
Because of the "prebate" (advance rebate calculated as .0975 x $ [poverty level spending per family size]) to ALL Michigan-resident households, the MI FairTax rate would effectively be 0% on all monthly family spending to the poverty level; thereafter it's 9.75%. A reasonably inferred average effective rate would be ~5.5% (see p.2 of pdf brochure, also review an economic analysis [pdf] on MI FairTax effects prepared by the Hillsdale Policy Group).
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Some of the 86ers have been meeting once per month at the Top of the Park ... the 3rd Tues of the month. We met last night. Had a great time. I don't have Brian's email anymore to include him. Will you ask him if you can give it to me to include him? You could always join us! You still having a candle thing this Friday? I haven't heard any further than the first email about it. xo, b
b
xo!