Letters

Letters 07-25-2016

Remember Bush-Cheney Does anyone remember George W. Bush and Dick Cheney? They were president and vice president a mere eight years ago. Does anyone out there remember the way things were at the end of their duo? It was terrible...

Mass Shootings And Gun Control The largest mass shooting in U.S. history occurred December 29,1890, when 297 Sioux Indians at Wounded Knee in South Dakota were murdered by federal agents and members of the 7th Cavalry who had come to confiscate their firearms “for their own safety and protection.” The slaughter began after the majority of the Sioux had peacefully turned in their firearms...

Families Need Representation When one party dominates the Michigan administration and legislature, half of Michigan families are not represented on the important issues that face our state. When a policy affects the non-voting K-12 students, they too are left out, especially when it comes to graduation requirements...

Raise The Minimum Wage I wanted to offer a different perspective on the issue of raising the minimum wage. The argument that raising the minimum wage will result in job loss is a bogus scare tactic. The need for labor will not change, just the cost of it, which will be passed on to the consumer, as it always has...

Make Cherryland Respect Renewable Cherryland Electric is about to change their net metering policy. In a nutshell, they want to buy the electricity from those of us who produce clean renewable electric at a rate far below the rate they buy electricity from other sources. They believe very few people have an interest in renewable energy...

Settled Science Climate change science is based on the accumulated evidence gained from studying the greenhouse effect for 200 years. The greenhouse effect keeps our planet 50 degrees warmer due to heat-trapping gases in our atmosphere. Basic principles of physics and chemistry dictate that Earth will warm as concentrations of greenhouse gases increase...

Home · Articles · News · Other Opinions · Seniors need to pitch in...
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Seniors need to pitch in too 4/4/11

Michael Estes - April 4th, 2011
Seniors need to pitch in too
By Michael Estes
A few Lansing demonstrators hustled together by AARP and unhappy union
members to create problems at the capital don’t constitute the majority
thinking of Michigan voters and especially not seniors.
Instead of wasting a sunny spring Michigan afternoon, most seniors were
busy gainfully employed, assisting those in need or enjoying the company
of their friends and family in their retirements. As a senior I’m offended
by the misinformation from the media about the Governor’s tax proposal.
It’s equally sad to hear the pathetic response by wimp Legislators fearful
for their re-election all because some AARP members and some union
employees can support nothing other than their selfish interests. This
mentality is doing nothing to move Michigan forward.
Let’s get real. The Snyder proposal to tax pensions won’t impact the poor.
Seniors will pay the same tax rate that their 21-year-old grandchildren
pay.
Young people and all employed persons pay a percentage of their incomes to
the State; so why should seniors constitute a privileged tax class?
The proposed changes will tax pensions which are income that has never
been taxed just like wages, dividends and interest and other forms of
income. Those seniors with two Social Security checks, two or more
pensions, plus investment income will definitely pay more in Michigan
taxes. They rightfully should. These same pension benefits are already
taxed by Uncle Sam and most states.
Additionally, seniors receive special tax benefits for their age from both
the State and the Federal government that are unavailable to our youth and
other workers.
My father’s legacy was to leave me a world better than the one he was born
into, to pay his debts and to not burden me with his liabilities. My
generation of seniors is on a path of leaving our offspring with their
monumental debts and little opportunity for the young to pay those debts.
The national debt is $14 trillion and growing. In Michigan, to pay
unemployment benefits, we’ve borrowed $3.4 billion from the fed without a
plan for repayment. Presently, 67 cities in Michigan are on the watch
list of serious financial trouble with the Treasury. Meanwhile, 90% of
governmental pension plans are underfunded, meaning billions are owed in
the future. Flint needs $20 million just to stay afloat and it’s unlikely
that public education will survive in Detroit. Unemployment rates are
highest for our youngest citizens, yet we expect them to pay our debts.
Additionally with our support, our young assumed large amounts of their
own debt to finance their college educations with little chance of
recouping that expenditure.
Governor Snyder’s tax package is not without pain, but it’s exactly what
Michigan needs. We need to pay as we go and we can no longer apply
Band-aids to difficult financial decisions. We need to create a business
environment and a taxation policy in Michigan that encourages new hiring.
That’s the only way that the youth of Michigan can pay their education
liabilities, purchase the houses we will one day wish to sell, and
otherwise contribute to our common good. It’s time for my fellow seniors
to tune out the media fear-mongering and the rants of Lansing protesters
and make their fair share contribution to a solution for Michigan.
Do it for your grandchildren and for those who are yet to come!

Michael Estes is a former mayor of Traverse City.

 
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