It's Not Just A Road Repair Bill
How much do you know about the Michigan May 5 ballot proposal to raise the Michigan sales tax from 6% to 7% ?
If you know as much as I do, than the people that want it passed are probably afraid of you.
That's because in a recent poll commissioned by the political news service MIRS, it stated. “Fifty-five percent of voters say if today the election was held they would vote ‘no’ against it,” said Ed Sarpolus with Target Insyght. And what's more, “When we actually read the ballot language, how it will appear on the ballot, the support drops from 55 percent to 65 percent ‘no,'” Sarpolus said.
For example did you know that the money raised by the increased sales tax will not all go to to future road repairs?:
- The package, as intended, is projected to pay down $865 million in debt in fiscal year 2016 while increasing funding for state and local road agencies by $368 million.
- In fiscal year 2017, $467.5 million would be used for debt payments while $764 million would go to roads.
