Posted on 02/20/2010 7:22:52 AM PST by 5etester
I predict that even more businesses will leave the state.
“However,if that employer is current on any federal loans,they receive a tax credit,otherwise known as FUTA,of 5.4%.Taxes are paid on the first $7,000 of income in Michigan.So a $434 tax is reduced by $378 leaving the employer to actually pay $56 per employee each year. “
BOHICA FUTA Baby!
Will the last businessman in Michigan please turn out the lights when you leave!
Jeff Daniels just renegotiated his contract for double the fee.
F*@#$ked Up Tax Assessment. FUTA.
LOL! I have seen those commercials. Wouldn’t Michael Moore be a more appropiate spokesman?
Looks like the UAW ain’t doing very well.
This fake economy is coming to an end soon. States can’t pay their bills. Keep taking money from people and you have no economy.
you see, elected officials are so money wise, smart and savvy that we just don't see the the workability of raising taxes because we are just stupid hillbillies.
Make sense now?/s
The UAW could care less, they are employers.
Please correct me if I am wrong
Would whoever wrote this article PLEASE run for State Governor in the next gubernatorial election!
They OBVIOUSLY understand state-level financing, debt burden, the effects of over taxation of businesses, and long-term debt reduction.
Aren’t there celebrities on national TV doing advertisements for investing in Michigan. Sounds like it’d be sounder to invest in Zimbabwe.
Yup...they're only stealing from and murdering White people.
Jenny Grandtheft is just trying to keep the roof off her head till she gets out the door. Fortunately our next governor will likely be a republican.
Pete Hoekstra and Mike Cox are the republican front runners in the race. Lansing Mayor Virg Bernero is the only truly viable democrat candidate since Cherry dropped out.
On a side note, I grew up in Michigan the second half of my growing-up years and I've learned one thing about Michigan voters: Michigan voters are too stupid to vote their way out of this mess. They reelected Granholm AFTER the state was in a one-state depression for years and they continue to vote for Democrat presidential candidate every election cycle. They also continue to reelect Stabinow and Levin as their Senators. They never learn; they are the true definition of insanity. Beautiful state; stupid people.
My bet is on Pete. Virg is an unknown out side of Lansing. And Cox well his name says it all.
No, they are the middle man between employers and employees. They come in with a guarantee to help the employees suck as much from their employers (for a fee of course) as they can until it all falls apart because the government is doing the same thing. That began, along with liberal governments, Michigan's business downfall.
Businesses will close except for the business of government.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.