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PNS Daily Newscast - November 25, 2020 


Feeding the hungry on Thanksgiving and beyond; and is that Turkey really from a family farm? (Note to Broadcasters: the newscast has been granted a holiday for Thanksgiving, but we shall return first thing Friday.)


2020Talks - November 24, 2020 


Formal transition to Biden presidency begins; key Biden Cabinet nominations to be announced today. *2020Talks will not be released 11/26 & 11/27*

AARP: Tax Break Picks MI Seniors’ Pockets

May 26, 2011

LANSING, Mich. - Michigan's business tax will come to an end in 2012, but the AARP in Michigan says a major part of the $1.7 billion expense for ending that tax is being shouldered by the state's seniors. Gov. Rick Snyder signed the measure into law on Wednesday, ignoring strong opposition to its directive to pay for the business tax break by extending the income tax to pensions.

AARP Michigan President Eric Schneidewind says that means at least $.5 billion in new taxes will be leveled on the state's seniors.

"Every senior loses under this legislation. People over age 67 lose a few hundred dollars, people ages 60 to 67 probably will lose more than that, and below age 60, the cost could end up being in the thousands."

Business leaders have cheered the elimination of the business tax, which they say put Michigan at a competitive disadvantage. Schneidewind says it remains to be seen whether or not the multi-billion-dollar gamble will create any jobs.

Even though the bill has been signed, Schneidewind does not consider it a "done deal." Opponents are considering a wide range of options, from court action to grass-roots campaigns, he says.

"We will be evaluating these other options over the next few weeks; for us, this fight is not over."

The new law does not apply to Social Security benefits or military pensions.

Glen Gardner, Public News Service - MI