Higher taxes, bigger government, and more bureaucrats are not the answer to turn Michigan around. The answer is in the people of Michigan, the hard working, talented Michigan workers. Whether it's on the factory floor, in the field, the office, classroom, or in the hospital, the strength of Michigan lies in the people. For too long, rather than relying upon its people, the political class in Lansing has instead relied on the government to rebuild Michigan.
This is why Aric has stood up to the liberals in Lansing that have failed our families as they have grown the size of government, taxed businesses out of the state, and provided bureaucrats with better benefits and pay than those who pay the taxes, create the jobs, and build wealth.
Aric supported legislation that created jobs by reforming our budget, tax and regulatory systems. This has included passing a balanced and sustainable budget that reforms government and makes it live within their means just like families across southwest Michigan have to do. This has included increasing the state's savings account from $2 million to over $500 million and paying down billion in liability. The credit rating agencies have responded with a positive outlook for Michigan, while giving a negative outlook to the federal government and many countries in Western Europe.
Tax reform has included eliminating the job-killing Michigan Business Tax (MBT), one of the worst business taxes in the nation, and replacing it with a fair, flat and efficient corporate income tax. This moved Michigan from a bottom five state to a top ten state in competitiveness.
Regulatory reform entailed eliminating hundreds of regulations and working to block new burdensome rules from coming into effect. There are more that need to updated, streamlined and eliminated. Working with the Office of Regulatory Reinvention, Aric continues to go line by line to help streamline regulations.
Michigan is starting to move in the right direction. The unemployment rate used to be well over fourteen percent, but is now being in single digits, because of the creation of nearly 300,000 new private sector jobs. However, more work needs to be done as we work to recover from the lost decade.
Reforms that are Getting Michigan Back to Work
Passed legislation that would stop state bureaucrats from implementing workplace ergonomic rules that would cost Michigan jobs by raising the price of doing business in our state.
Eliminated the job-killing Michigan Business Tax that double taxed small businesses trying to create jobs and contribute to our economy and was giving away dozens of special interest deductions, credits, and corporate give-aways. We replaced this job-destroying, complex tax with a simple, fair, and efficient 6% corporate income tax. This tax reform will place Michigan in the top 20 nationally for the treatment of business income, individual income, and retirement income.
Passed a balanced budget before June, the first time a budget was passed this early in 30 years. We made significant cuts and reforms to the state budget, responsibly used unexpected revenue to pay down debt, deposited funds into the state's savings account, and shielded schools from larger cuts. Additional unexpected revenue should be steered towards continuing reforms that will pay down Michigan's nearly $50 billion in unfunded future obligations and start rebuilding Michigan's drained savings account.
Eliminated retirement healthcare for state legislators elected on or after January 1, 2007, which includes myself. Present and future members of the House and Senate will not receive any special benefits after their service. We felt it was important that state legislators lead by example.
Reduced legislator's salaries by 10%, while cutting office budgets by nearly 14 percent, on top of the 5 percent cut that had been enacted earlier in the year.
Reformed welfare by placing a forty-eight month lifetime limit for able-bodied adults.
Reformed the Bridge Card program so college students can't game the system. Some other key changes include prevent cash assistance withdrawals at casino ATMs, preventing prisoners and wanted criminals from being applicable for public assistance, and requiring that recipients compensate DHS for lost or stolen cards.
Passed legislation to address mortgage fraud and equip prosecutors needed tools to go after those who wish to criminally steal and deceive families trying to buy a home.
These were just some of the many reforms passed with the support of Representative Nesbitt and he is looking forward to continuing to be part of the solution to fix state government and get Michigan back to work.