Michigan GOP ‘Exercise In Reprioritization’ Fixes Roads By Raising Taxes Only On The Working Poor
Michigan House Speaker Kevin Cotter (R) announced this week that Republicans had put together a plan for Michigan road funding by raising part of the money on the backs of the working poor.
We have to determine what are the core functions of state government and lets budget accordingly, Cotter said at a press conference on Wednesday. This plan is an exercise in reprioritization.
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But the most controversial part of the plan was the call to raise $117 million by eliminating the Earned Income Tax Credit (EITC), which provides a refundable tax credit for the working poor. In some cases, the credit can be greater than tax paid through withholding, providing the worker with a small amount of additional earnings.
While the EITC is one of the largest anti-poverty programs in the country, it is also opposed by many conservatives.
more...
http://www.rawstory.com/2015/05/michigan-gop-exercise-in-reprioritization-fixes-roads-by-raising-taxes-only-on-the-working-poor/
Midnight Writer
(21,819 posts)It is not a "giveaway" to those who refuse work, but a tax credit to low income workers. It is designed as an incentive for low-wage workers.
Even Ronald Reagan would be too liberal for the Crank Republican Party as it exists today.
Sherman A1
(38,958 posts)N_E_1 for Tennis
(9,789 posts)portrayed in that article. Here's an article from today's Free Press.
It is an opinion piece but....
Speaker Cotter's road-funding fairy tale
http://www.freep.com/story/opinion/columnists/brian-dickerson/2015/05/14/michigan-roads/27336097/