Yesterday, we took a look at Dayton’s jerbs plan.
It’s a sham.
It’s a piddling little one-time tax credit equivalent to what you’d pay a $36K/year employee for a month (in salary alone – not capitalized cost (liberals, as a conservative to tell you what that is); if you count that in, it’s more like a month at $12/hour, plus benefits and other costs), offered for one year, cut in half for people hired the following year. In other words, it says “Quick! We know you don’t know what’s going to happen to the economy, or with Obamacare, or with the payroll tax, or with consumer demand, but never mind that; hire someone right now, and you’ll get 8% of that credited in taxes in a year.
It is, of course, not a serious “jobs plan”. It is a campaign slogan. Nothing more.
Of course, there’s more to this “plan” – and since the “plan” comes from
Dayton Alita Messinger and the unions, you know it’s gonna rhyme with “flexes”:
Invest in Infrastructure: A new bonding bill, to be announced next week, would provide $775
million for new investment in infrastructure, allowing primarily private-sector employers to put tens
of thousands of Minnesotans back to work.
What this means is that the state is going to spend nearly a billion dollars to hire union temp workers to fix the things that should have been fixed with all the money we’re pouring into trolleys on University Avenue – presuming it’s “infrastructure” that’s needed at all. “Infrastructure” is moving from buzz-phrase to slush fund in Minnesota.
The bill would also include $20 million in bonding requests by the Department of Employment and
Economic Development specifically designed to help businesses expand in Minnesota. These
initiatives would provide grants to cities for business infrastructure, help local authorities renew old
property for business development and aid in the development of transportation improvements
focused on businesses.
Which is both a meaningless drop in the bucket and, of course, more code words for “construction union temp jobs” and “enabling more government spending at all levels”.
Here’s the cruncher:
Internet Sales Tax Fairness—Affiliate Nexus: Under current law, out-of-state retailers that do not have a physical presence in Minnesota are not required to collect the sales tax on online purchases used and consumed in Minnesota. As a result, a large portion of the taxes due on sales by large internet retailers—such as Amazon—go uncollected. This results in a loss of state revenue and
gives these remote retailers an unfair competitive advantage over Main Street Minnesota retailers.
Passing the Internet Sales Tax Fairness bill would level the playing field for Minnesota businesses and generate about $3.5 million in FY2013.
In other words, new taxes. To enable new spending.
Has it ever occurred, in
Governor Dayton’s Alita Messinger and the SEIU’s fevered and obsessed little minds, that perhaps a better way to help “main street Minnesota” “level” the “playing field” would be to lower our ridiculous sales taxes? And business taxes? And income taxes?
And wait on the “infrastructure” until the economy switches back to puree, and they money can come from a budget that is as big as it needs to be and still a smaller percentage of this state’s domestic product?
I’m going to guess that’s a big no.