Can we afford to risk Snyder and go out of production when Bernero will give us a breat box office?
THE NERD WILL KILL MICHIGANS SUCCESSFUL MOVIE PRODUCTION TAX CREDIT. JUST ANOTHER EXAMPLE HE DOES NOT UNDERSTAND BUSINESS
Did you know that your vote for governor could end one of the most important tax credits in Michigan history, the movie production tax breaks.. Missing the boat our 42% Michigan tax incentives were said by pundent Bill Ballenger to not being an issue this year in the governors race. At the same time the Snyder campaign is ringing its death knell.
“When asked whether Snyder supports or opposes the tax breaks, his spokesman, Bill Nowling said: "He thinks the program in the long term is not financially sustainable. Having said that, he recognizes there are businesses in the state that have made investments based on those (tax) credits."[1]
Snyder is committed to taking the tax credit out of production and sending it for a re write. Why would the nerd be against this effective program and the democratic pro business champion for it. The only answer is that Snyder is indeed out of touch.
Did you know that the program is well run with checks and balances for that Michigan Citizens are not ripped off. “Since the tax credit program's launch in April 2008, 183 of the 352 applications for the tax breaks have been approved. A quarter of the projects were denied, and nearly 25% of the applicants dropped out of the process.”[2]
“Democratic candidate Virg Bernero wants to give the tax breaks more time and then see whether they are making the state money, said Cullen Schwarz, Bernero's spokesman.
"We're in a global economy. Other states are using these tools to attract jobs and economic development," Schwarz said. "We can't make Michigan play with one hand tied behind its back."[1]”
Based on recent polls Michigan voters are clearly for these tax breaks our “last major poll conducted on the issue in mid-2009 showed a majority of Michiganders supported the tax breaks.[1]
Since it’s inception Michigan has netted over $250 Million Since its inception Michigan has netted over $250 Million in tax revenue from this program. What is Snyder thinking. “The tax breaks have resulted in 6,763 production-related jobs and more than 4,000 jobs for extras. Most of these jobs are temporary, but the production positions pay an average of $30 an hour.[1]What else is Snyder out of touch on?
Snyder is a self described nerd. Well that’s honest of him. Here is what that term means, “The nerd may be awkward, shy and unattractive. Therefore, a nerd is often excluded from physical activity and considered a loner by peers, or will tend to associate with like-minded people….They typically appear either to lack confidence or to be indifferent or oblivious to the negative perceptions held of them by others, with the result that they become frequent objects of scorn, ridicule , bullying and social isolation.”[3]
IF SNYDER WINS MICHIGAN WILL BE DEVESTATED BY THIS REVENGE OF THE NERD.
VIRG IS THE ONE, a mans man, open honest and not socially dysfunctional.
Posted here by Terry Bankert
[1]
http://www.freep.com/article/20100905/BUSINESS06/9050487/1002/Business/Governors-race-outcome-could-affect-film-credits
[2]
http://www.freep.com/article/20100905/BUSINESS06/9050486/1322/Only-half-of-films-get-tax-breaks
[3]
http://en.wikipedia.org/wiki/Nerd
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Tuesday, September 7, 2010
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