From the League’s First Tuesday newsletter
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A bad, bad — you might say super-bad — proposal is working its way toward the November ballot.
It is a scheme funded by billionaire Matty Moroun (the owner of the Ambassador Bridge who is fighting Gov. Snyder on a new bridge) — with support from Washington anti-government zealot Grover Norquist — to buy an amendment to Michigan’s Constitution that would work in their favor at the expense of Michigan’s middle class and local taxpayers.
The so-called supermajority proposal is actually a type of “superminority” proposal, allowing a small number of lawmakers (just 13 senators!) to control state revenue and have a devastating impact on Michigan’s democracy and economy.
Here’s why this supermajority requirement, now being considered for the November ballot, is a super-bad idea:
- It’s bad for the economy. The seven states with similar tax limitations fared worse in the most recent recession than states without them.
- It would make it virtually impossible to end tax breaks that have harmed our credit rating and haven’t helped our economy, including tax breaks for large, profitable corporations.
- It’s impossible to anticipate the future. What if there is a Hurricane Katrina-type of calamity? The supermajority requirement would tie the hands of lawmakers when they need to respond quickly. (more…)