Tuesday, February 16, 2010

Will Michigan Business Taxpayers Be Subsidizing Batteries for 'Free' Golf Carts?

Will Michigan Business Taxpayers Be Subsidizing Batteries for 'Free' Golf Carts?
"While many Michigan taxpayers may be laughing or angry at the revelation by Fox News' John Stossel that he obtained a 'free' golf cart using special tax breaks and giveaways for electric cars [video], very few may realize that Michigan's lawmakers have been altering this state's business tax code to provide special credits and giveaways for the industry that creates these cars.

Most recently, on Dec. 31, 2009, Gov. Jennifer Granholm signed into law House Bill 5469, which expands a taxpayer subsidy for makers of electric car batteries.
Two weeks earlier, overwhelming majorities in the House and Senate voted to approve the bill — only nine lawmakers out of 148 voted 'no.'"

More "business as usual" for our Michigan legislators.
We will have a chance to see real change in the August primaries.
Do we have the cojones to stand up to the forces of fiscal evil?

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