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Susan Raguse
Female
Cedar, United States - Share
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Susan Raguse's discussions
What's Happening with Music in Your Child's Life?
Replied Nov. 13, 2008
What's Happening with Music in Your Child's Life?
Replied Oct. 31, 2008
Comment Wall (2 comments)
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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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Why the FairTax idea is right for America's working families.
Dr. Laurence Kotlikoff believes that it will take the FairTax to reverse unfunded obligations, now above $53 trillion and counting!
I so enjoyed learning as much as I did about your experience with music Up North and in Leland Public Schools! I wrote a response in the forum and would love to get your advice about my 10-year-old if you ever have a second.
Thanks for helping get the discussion about music going on the community. Hopefully we'll get a robust dialog happening. Hope the opening of the music center came off without a hitch. What a wonderful idea!
Deb