Dr. Golden will be fair in appropriating the tax revenue pie.
Michigan State Income Tax
How has the Michigan State tax code changes over past eight years affected you, and how will they affect you in the next eight years?
Units of Michigan Government.
Michigan State Income Tax
I believe that the Michigan State Income Tax must be fair, and there should be no taxation without representation. There are different ways of judging fairness depending on one's political philosophy. I believe that taxation should be based on the ability to pay. I believe that all dollars should be created equal, since they have equal value when used to buy things.
My priority concerning fair taxation is to have all medical expenses taxed fairly. Therefore, I would like Michigan to allow all medical expenses that can be reported on the Schedule A of the Federal 1040 Tax Return to be subtracted from gross income subject to Michigan State Income Tax.
Adjusting senior citizens tax burden downward and extending tax credits to the less fortunate will be something that I will work for, but this will be difficult to accomplish with the Republicans in control. More on this later.
Most Michigan citizens pay taxes when the 6% sales tax and tax on gasoline are included, which is good because I feel that everyone should pay some taxes. However, low income individuals who must spend a greater portion of their income on taxable essentials are percentage wise more burdened by the sales tax. The sales tax is therefore referred to as a repressive tax.
The Michigan Constitution does not allow a graduated state income tax. Only a flat rate state income tax is allowed. Most states that are economically doing better than Michigan have a graduated state income tax. I feel that most of the citizens should pay some income tax, which can be more fairly accomplished with a progressive income tax rate. As your representative I will work with the flat tax rate as specified in The Michigan Constitution. I will work with the current Michigan income tax rate of 4.25% or a lower rate of 3.9%, which has been proposed.
Michigan's current budget surplus is due to federal grants. These are uncertain times with the war. Making fiscal policy concerning taxation too far into the future may not be a good idea.
The Michigan Constitution states that the budget must be balanced every year. That is not the issue. The issue is how to allocate the available tax revenue. In common language dividing the pie with a finite size to serve a hungry state. I will try to be fair.
Before Synder came along the state eased the tax burden on seniors and those less able to pay by adjusting seniors taxable pension income downward or tax credits for others. Synder felt that businesses had an unfair tax burden and early on he eliminated and reduced many business taxes in order to improve the business climate. To make up the lost tax revenue resulting from the business tax cuts the Republicans eliminated the seniors tax breaks and reduced certain tax credits. The lost tax revenue was not completely replaced by what Synder did. The decreased tax revenue was an important factor underlying the Flint Water Crisis. Synder claims that the Michigan economy improved a lot because of what he did. Others have stated that the most important reason Michigan's economy improved was due to the improvement in the U.S. Economy. Were Synder and the Republicans fair in how they changed the tax code?
Ted Golden, M.D.
Dr. Golden will work with the current flat tax rate.
It is all about your money
How much is taken
How it is spent
Fair and Just Taxation
Dr. Ted Golden's past campaigns and opinions concerning best 2024 Candidate for Michigan House of Representatives, District 55
Rochester, Rochester Hills, Oakland Township
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