Another bureaucratic entity in America up to no good. This time the East Lansing Michigan city council, proposed a November two thousand seventeen income tax ballot initiative. This domestic terrorist organization, wants to increase taxes one percent for residents and half of a percent for non-residents.
The State of Michigan has twenty two terror cells that force income tax on their serfs. No city dared pass an income tax since nineteen ninety four, until now. This corporation also known as a city government, is two hundred million dollars in debt.
That is NOT a typo. These clowns running this extortion racket, at least to me, have ran up a $200 million dollar debt. How the fuck do you get two hundred million dollars in debt and not cease and desist operations?
All serfs, I mean residents would get taxed one percent of all income they receive. Adding insult to injury, non-residents, whom work in this city, would be required to pay half of one percent, of all income they earn working in this pit of vipers. Property taxes would lower from 17 mills to maximum of 13 mills.
The Lansing Regional Chamber of Commerce is actually requesting that this tax proposal be removed from a November ballot. Some local East Lansing Michigan business owners are threatening to move their businesses to a local city if this initiative passes. Netvantage Marketing managing partner Joe Ford is quoted:
“From our standpoint, for us to move would not be a very big deal.” We would do it within a year if this were to go through.”
This bureaucracy claims they will receive ten million dollars in additional revenue per year. However, since they plan on lowering property taxes, they will lose five million dollars per anum. That amounts to a five million dollar gain.
Quick math shows it would take at least forty years for this bureaucracy to balance their debt. That is if these humans running this extortion racket would be able to pay off five million dollars of debt each year. Who knows how much interest this domestic terror group actually owes each year on their debt(s).
Something doesn't smell rotten in Denmark, something to me smells rotten in East Lansing, Michigan.
SOURCE: http://www.realityunknown.com/east-lansing-michigan-will-vote-on-a-city-income-tax/