{"id":25547,"date":"2012-01-13T12:00:05","date_gmt":"2012-01-13T18:00:05","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=25547"},"modified":"2012-01-13T12:44:29","modified_gmt":"2012-01-13T18:44:29","slug":"chanting-points-memo-a-tax-plan-masquerading-as-a-job-plan","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=25547","title":{"rendered":"Chanting Points Memo: A Tax Plan Masquerading As A Job Plan"},"content":{"rendered":"

Yesterday, we took a look at Dayton’s jerbs plan<\/a>.<\/p>\n

It’s a sham.<\/p>\n

\"\"<\/a><\/p>\n

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. \u00a0In other words, it says “Quick! \u00a0We 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; \u00a0hire someone right now<\/em>, and you’ll get 8% of that credited in taxes in a year.<\/p>\n

It is, of course, not a serious “jobs plan”. \u00a0It is a campaign slogan. \u00a0Nothing more<\/em>.<\/p>\n

Of course,\u00a0\u00a0there’s more to this “plan”<\/a>\u00a0– and since the “plan” comes from Dayton<\/del> Alita Messinger and the unions, you know it’s gonna rhyme with “flexes”:<\/p>\n

Invest in Infrastructure: A new bonding bill, to be announced next week, would provide $775<\/p>\n

million for new investment in infrastructure, allowing primarily private-sector employers to put tens<\/p>\n

of thousands of Minnesotans back to work.<\/p><\/blockquote>\n

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. \u00a0“Infrastructure” is moving from buzz-phrase to slush fund in Minnesota.<\/p>\n

The bill would also include $20 million in bonding requests by the Department of Employment and<\/p>\n

Economic Development specifically designed to help businesses expand in Minnesota. These<\/p>\n

initiatives would provide grants to cities for business infrastructure, help local authorities renew old<\/p>\n

property for business development and aid in the development of transportation improvements<\/p>\n

focused on businesses.<\/p><\/blockquote>\n

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”.<\/p>\n

Here’s the cruncher:<\/p>\n

Internet Sales Tax Fairness\u2014Affiliate Nexus: Under current law, out-of-state retailers that do\u00a0not have a physical presence in Minnesota are not required to collect the sales tax on online\u00a0purchases used and consumed in Minnesota. As a result, a large portion of the taxes due on sales by\u00a0large internet retailers\u2014such as Amazon\u2014go uncollected. This results in a loss of state revenue and<\/p>\n

gives these remote retailers an unfair competitive advantage over Main Street Minnesota\u00a0retailers.<\/p>\n

Passing the Internet Sales Tax Fairness bill would level the playing field for Minnesota\u00a0businesses and generate about $3.5 million in FY2013.<\/p><\/blockquote>\n

In other words, new taxes. \u00a0To enable new spending.<\/p>\n

Has it ever occurred, in Governor Dayton’s<\/del> 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 <\/em>our ridiculous sales taxes? \u00a0And business taxes? \u00a0And income taxes?<\/p>\n

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 <\/em>a smaller percentage of this state’s domestic product?<\/p>\n

I’m going to guess that’s a big no.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108,2],"tags":[],"class_list":["post-25547","post","type-post","status-publish","format-standard","hentry","category-chanting-points-memo","category-minnesota-politics"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/25547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25547"}],"version-history":[{"count":4,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/25547\/revisions"}],"predecessor-version":[{"id":25552,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/25547\/revisions\/25552"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25547"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}