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You're welcome.
That certainly isn't what you stated earlier.
While the state benefits from tourism in the amount of 14 billion, there's no way that the licences and permits associated with that add up to that amount. And I take that figure with a grain of salt anyway.Quote:
There is no excuse for this state to be broke. Michigan benefits to the tune of 14 billion annually from licenses and permits associated with the great lakes. No other state has that. This state should be in the black, if any are.
Paging Cheddar bob- you are missing a pile on , on your fave poster.
Back to the State Budget:
Why continue with a bicameral legislature?
Replace it with one house consisting of a modest number of elected representatives. Just saved millions of dollars per year!
Lobbyists? Arrest them if they attempt to bribe reps or game the system.
Just put more input where it belongs, with the citizens!
Oversimplification?
Probably, but it is a first step.
Any other ideas out there?
The anality of some of these folks is laughable. "Well. that's not exactly what you said" Like it matters. We're not exactly composing some exhausted authoritative work here.
Cheddar Bob don't want no more of this..
Quote: "I'd hate to think you're just a lazy-ass blowhard who makes shit up,"
Wow some of you sure stretch the no name calling thing here. If I felt like calling someone a name, I would. I wouldn't hint like a little girl. I may get banned for it, but so be it. It's called being an adult.
This forum is really infested lately. Say one thing that someone doesn't agree with and they go on the attack and start calling you names. Rational thinking and acting humans react differently.
Quote: "And as far as I know, Bob's been banned."
Oh I'm sorry to hear that..
Rb...if 15% leaves an average income of 150K for a PCP, then the gross receipts are 2.25M, 3% of 2.25M is 67.5K. 67.5K from 150K is 82.5K....the drop in income is 45%!!! That is more than twice what I conservatively predicted above and 15X the deceptively posited 3% number. My math is just fine and I was erring on the generous side.
I am sorry to hear that. [[For real.) Come back under a new name Bob, it's a DY tradition.Quote:
And as far as I know, Bob's been banned.
Ghetto...thank you, I goofed the second time on the numbers as you pointed out. The corrected answer is 20% of the net income is lost as a result of the 3% gross tax.
Hey...wait a minute, isn't that what I said in the very beginning? Yep...my original math was spot on.
Thanks for the assist Ghetto.
Let me make sure I'm understanding you properly.
You're assuming an example of a single practitioner who bills $1,000,000 per year. After overhead, staff salaries, staff benefits, and taxes are paid, there is $150,000 remaining, which goes to the practitioner as gross pay.
You're claiming the tax is a 3% tax on gross revenue, leaving net revenue of $1,000,000 - $30,000 = $970,000. Assuming all other expenses remain constant, this would result in a pay cut to $120,000 gross for the practitioner, or 20%.
Is this what you're saying?
It seems to me, the practitioner can decide that $120,000 is sufficient or not. If the practitioner decides that $120,000 is just not enough money, could he not raise his billing rates to compensate? Could he not see more patients? Could he not cut his overhead? To me, it appears that a professional has quite a bit of latitude to decide how he's going to run his business.
Very close...accept,
1. Medical services are paid at rates decided by the payer unless the patient is paying cash.
2. By and large, practitioners in this range are new and building a practice, they would love to have more business regardless of this tax, but haven't got the referrals. Michigan depopulating does not help matters.
3. Overhead may be trimable in some areas...guess where? employee benefits, FTE's etc. Rent, equipment, utilities, liability insurance, etc...are fixed.
Regardless of all of this...Jenny Granholm is fixing to cut the salaries of private and employed Physicians by 10-20% across the board in this State. Many with the option of going elsewhere without this tax will go, others may retire, jobs will be lost in any case and the State's revenue [[as with all tax increases) will go down [[the Laffer curve). Patients will suffer [[more) as will the economy. Individual liberty will be cut into, incentives to become a Doctor, and/or practice in the State after graduation will go down [[it already has done so dramatically...in 1997, 70 percent of the MD graduates from WSU set up shop in MI...in 2008, it is down to less than 20%).
This is Jenny's...liberal politician's MO. IT IS BRAINLESS
There is absolutely NO brainstorming going on in Lansing. No where. Neither side. Inside or out. None!
Quite right...the solution is as plain as the nose on Jenny's face...cut spending, cut taxes.