Proper planning beats "do it now" every time.lidoshuffle wrote: ↑Fri Jan 27, 2023 5:20 pmHow about these tax cuts be implemented, immediately??Mega Hertz wrote: ↑Thu Jan 26, 2023 10:05 pmI'm just checking in to who is going to have a problem with this plan.
Not phased in over a few years....
not on hold while the legislature debates figures and amounts..
Do it, NOW, not later, right now...
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Whitmer announces Tax Cut
Re: Whitmer announces Tax Cut
Re: Whitmer announces Tax Cut
I'm leaning towards agreeing with Lido on this. But not for the reason he gives. Waiting to implement could equate to money burning in their pockets. And they can't help spending it on something else.Rate This wrote: ↑Fri Jan 27, 2023 11:12 pmProper planning beats "do it now" every time.lidoshuffle wrote: ↑Fri Jan 27, 2023 5:20 pmHow about these tax cuts be implemented, immediately??
Not phased in over a few years....
not on hold while the legislature debates figures and amounts..
Do it, NOW, not later, right now...
Life is not a dress rehearsal. This is it. There's no going back, and we can only go forward before we run out of runway.
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Re: Whitmer announces Tax Cut
In the big scheme I'm not sure how cutting taxes AND funding universal preschool would work.
Or is she leaving the funding to local schools.
Or is she leaving the funding to local schools.
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Re: Whitmer announces Tax Cut
Death Deacon?TC Talks wrote: ↑Fri Jan 27, 2023 11:01 pmHow about we wait till your dead...lidoshuffle wrote: ↑Fri Jan 27, 2023 5:20 pmHow about these tax cuts be implemented, immediately??Mega Hertz wrote: ↑Thu Jan 26, 2023 10:05 pmI'm just checking in to who is going to have a problem with this plan.
Not phased in over a few years....
not on hold while the legislature debates figures and amounts..
Do it, NOW, not later, right now...
Ask not what your country can do FOR you; ask what they are about to do TO YOU!!
Re: Whitmer announces Tax Cut
She's creating a structural deficit for a future Republican governor to fix.craig11152 wrote: ↑Sat Jan 28, 2023 6:31 amIn the big scheme I'm not sure how cutting taxes AND funding universal preschool would work.
Or is she leaving the funding to local schools.
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Re: Whitmer announces Tax Cut
I was hoping for a broad based tax rate reduction for all seniors, not just those who collect income from a pension.The pension tax repeal is an unnecessary handout and out of line with most other states.
Some articles I read suggested only public employee pension income would receive the tax break, whereas other articles simply mentioned "pension income." Anyone know for sure?
I'd leave the pension tax rates alone and instead propose either (i) a primary homestead property tax break for seniors or (ii) an across the board income tax rate reduction for seniors.
Universal pre-school funding is a waste of money:
https://www.npr.org/2022/02/10/10794060 ... ndergarten
https://www.edweek.org/leadership/are-t ... ed/2018/07
Funding should be focused on special needs children.
Morgan Wallen is a piece of garbage.
Re: Whitmer announces Tax Cut
I seem to recall that there was a tax break that explicitly excluded pension income a few years back.MWmetalhead wrote: ↑Sat Jan 28, 2023 9:02 amI was hoping for a broad based tax rate reduction for all seniors, not just those who collect income from a pension.The pension tax repeal is an unnecessary handout and out of line with most other states.
Some articles I read suggested only public employee pension income would receive the tax break, whereas other articles simply mentioned "pension income." Anyone know for sure?
I'd leave the pension tax rates alone and instead propose either (i) a primary homestead property tax break for seniors or (ii) an across the board income tax rate reduction for seniors.
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Re: Whitmer announces Tax Cut
I read it was only on municipal pensions. https://www.yahoo.com/news/michigan-leg ... 55797.htmlMWmetalhead wrote: ↑Sat Jan 28, 2023 9:02 amI was hoping for a broad based tax rate reduction for all seniors, not just those who collect income from a pension.The pension tax repeal is an unnecessary handout and out of line with most other states.
Some articles I read suggested only public employee pension income would receive the tax break, whereas other articles simply mentioned "pension income." Anyone know for sure?
I'd leave the pension tax rates alone and instead propose either (i) a primary homestead property tax break for seniors or (ii) an across the board income tax rate reduction for seniors.
Universal pre-school funding is a waste of money:
https://www.npr.org/2022/02/10/10794060 ... ndergarten
https://www.edweek.org/leadership/are-t ... ed/2018/07
Funding should be focused on special needs children.
I like your plan (i).
The preschool is plan is probably a waste of money, and there is shortage of teachers, so it's probably going to happen anytime soon for those who really could use it.
Ask not what your country can do FOR you; ask what they are about to do TO YOU!!
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Re: Whitmer announces Tax Cut
From my limited understanding, a pension has no or limited employee contribution and the monthly payout stays the same until you die. That of course doesn't address underfunding a pension.
A 401K plan is mostly funded by employee contribution with some limited level of employer contribution. There is a limited amount to collect from so in theory it could go dry before you die.
Is that more or less accurate? Simplistic as it is?
A 401K plan is mostly funded by employee contribution with some limited level of employer contribution. There is a limited amount to collect from so in theory it could go dry before you die.
Is that more or less accurate? Simplistic as it is?
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Re: Whitmer announces Tax Cut
Also a shortage of bus drivers and bus monitors and probably busses too.audiophile wrote: ↑Sat Jan 28, 2023 10:52 amThe preschool is plan is probably a waste of money, and there is shortage of teachers, so it's probably going to happen anytime soon for those who really could use it.
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Re: Whitmer announces Tax Cut
Does it get more complicated to put "pre-K" kids on the busses? I know there're not much younger than kindergarten kids, but are there even issues with kindergarten kids on the same busses with older kids? Would pre-K make any of those issues worse? (I honestly don't know about any of these, just wondering)craig11152 wrote: ↑Sat Jan 28, 2023 11:31 amAlso a shortage of bus drivers and bus monitors and probably busses too.audiophile wrote: ↑Sat Jan 28, 2023 10:52 amThe preschool is plan is probably a waste of money, and there is shortage of teachers, so it's probably going to happen anytime soon for those who really could use it.
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Re: Whitmer announces Tax Cut
I know in Ann Arbor preschoolers ride in separate busses and are all belted and harnessed in to seats. A max of I think 20 kids per monitor. So 21 kids would need two monitors. Kids are individually signed on to a bus and off a bus. At a bus stop parents have to sign a paper for the kid. Drivers keep notebooks of this paperwork that gets turned in at the end of the week and picked back up on Monday to start over. It is extremely regulated unlike K-12 (and young 5's) Gen Ed. Pretty much the only rule there is a kindergarten or young 5 has to be released to an adult at a bus stop, unless they walk home with an older sibling like 3rd grade or or above.km1125 wrote: ↑Sat Jan 28, 2023 12:07 pmDoes it get more complicated to put "pre-K" kids on the busses? I know there're not much younger than kindergarten kids, but are there even issues with kindergarten kids on the same busses with older kids? Would pre-K make any of those issues worse? (I honestly don't know about any of these, just wondering)craig11152 wrote: ↑Sat Jan 28, 2023 11:31 amAlso a shortage of bus drivers and bus monitors and probably busses too.audiophile wrote: ↑Sat Jan 28, 2023 10:52 amThe preschool is plan is probably a waste of money, and there is shortage of teachers, so it's probably going to happen anytime soon for those who really could use it.
I think a lot of that may be mandated at a higher level .
Last edited by craig11152 on Sat Jan 28, 2023 2:46 pm, edited 1 time in total.
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Re: Whitmer announces Tax Cut
To add to the above preschoolers ride on their own bus routes.
Elementary kids ride on their own bus routes.
High school and middle school will mix together on some routes.
On my middle school route in the afternoon 4 Gen Ed busses start at the middle school.
Six Gen Ed busses start at a high school and already have kids on board when they get to the middle school.
That is what Ann Arbor does. Can't speak to other districts except maybe Grosse Pointe where they don't bus anybody except Special Ed.
Elementary kids ride on their own bus routes.
High school and middle school will mix together on some routes.
On my middle school route in the afternoon 4 Gen Ed busses start at the middle school.
Six Gen Ed busses start at a high school and already have kids on board when they get to the middle school.
That is what Ann Arbor does. Can't speak to other districts except maybe Grosse Pointe where they don't bus anybody except Special Ed.
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Re: Whitmer announces Tax Cut
Thanks.I like your plan (i).
There are states where such laws currently exist relative to property taxes. In the following states, seniors pay no property taxes on their homestead (a few on this list may surprise you):
Alabama
Alaska
Florida
Georgia
Hawaii
Mississippi
New Hampshire
New York
South Carolina
South Dakota
Texas
Washington
I'm not willing to go *that* far in terms of tax relief for seniors, but I think the first $150,000 to $200,000 of normally taxable value for primary residences owned by seniors should be tax exempt.
Another way to accomplish this would be to retool the homestead property tax credit that can be claimed by Michigan income tax return filers to extend much more generous benefits to seniors.
Morgan Wallen is a piece of garbage.