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How can we create "A Better Michigan Future"? Coalition proposes real solutions to state budget crisis
The financial crisis for our state government calls for real reforms--including an end to wasteful tax giveaways and a modernized, fair system for funding Michigan's priorities. A Better Michigan Future's Comeback Plan consists of just four reforms that can help end our decade-long budget mess and move Michigan forward. 1. Audit Government Contracts -- Reduce wasteful spending by conducting performance audits on $16 billion worth of government contracts with an eye toward efficiencies -- ensuring Michigan taxpayers are getting the most value for their dollar. 2. Close Tax Loopholes & Giveaways -- Eliminate tax incentives and loopholes for companies failing to create and retain jobs, while requiring yearly performance reviews for all remaining tax credits and incentives. 3. Modernize the State's Sales Tax -- Our current sales tax is based on the old economy; we must expand the sales tax to include services and luxury items to ensure stable revenue into the future. 4. Implement a Graduated Income Tax -- Michigan is one of only seven states with a flat-rate tax. We must modernize our tax code to ensure fairness and equity, while offering a tax cut to 90 percent of Michigan families. As part of A Better Michigan Future, MEA is committed to advocating for these common sense reforms that will help update our antiquated tax structure and put Michigan on a path to providing adequate, equitable, stable funding for public education. Take a moment to learn more about A Better Michigan Future at www.abettermichiganfuture.org, including learning more about the Comeback Plan and signing up for campaign updates.
Updated: January 21, 2010 |
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