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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Michigan taxpayers overcharged $300 million; state rushing to spend the money

    By steve, Section News
    Posted on Wed May 16, 2012 at 09:11:30 PM EST
    Tags: Taxes, Snyder, Michigan (all tags)

    Cross posted @ motorcitytimes.com

    Yep, here in Michigan we are overtaxed.

    Total state tax revenues are up by nearly $300 million since they were last estimated by state officials in January, according to consensus estimates agreed upon Wednesday by state economists and Treasurer Andy Dillon.

    The increase over January projections is due to greater-than-expected sales and business taxes, combined with a decrease in cash assistance and Medicaid caseloads reported by the state departments of human services and community health.

    Revenue into the School Aid Fund declined 3.3 percent to $10.87 billion, while the general fund grew by 0.6 percent to $19.94 billion in fiscal year 2011-12. The total growth in School Aid and General Fund revenue was $9.06 billion, or 2.6 percent.

    Growth is School Aid and General Fund revenue is expected to dip by 1 percent in the fiscal year that starts Oct. 1, though combined School Aid and General Fund revenues will increase by 1 percent to $20.13 billion.

    Gov. Rick Snyder will seek to spend the additional money on one-time expenses due to the temporary nature of the extra funds, state Budget Director John Nixon said after the estimates were announced.

    "It's not like we've got a windfall today," Nixon said.

    The state of Michigan overtaxed its residents by over $300 million and, rather than devise a plan to return the money to the people through a tax cut next year (helping the state economy in the process), Michigan's governor is planning to burn through Michigan taxpayers money.

    But don't worry, our governor and his crew will spend our money on "one-time" expenses.

    < Why So Serious? | David vs. Goliath >

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    To Gov. Jennirick Snydholm (none / 0) (#1)
    by LookingforReagan on Thu May 17, 2012 at 08:50:01 AM EST
    Anytime Government takes more from the people then it absolutely needs to operate it amounts to theft.
    There is no difference between this governor and his predecessor. They are both corrupt. Both will spend every last penny in the treasury and the Republicans will assist him in doing so.Tell me how these people are any different then what we had for eight years. During the time of the Czarina the state was indebted, looted and used for the personal piggy bank of the self-styled elected elites. Do we have anything different now? To whit I say no, the status quo remains the same.

    ya, to reference an acquaintance... (none / 0) (#3)
    by Corinthian Scales on Thu May 17, 2012 at 01:31:25 PM EST
    It's a legal scam that is only permitted by the walking sh!t stains that cannot resist the temptation to reign over the serfs of their kingdom.

    Yessirree.  That pretty much captures the essence of Gov Snydholm, and his enablers.

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