Lt. Gov. John Cherry's plan to save Michigan Promise scholarships: Fee for water bottlers
"Lt. Gov. John Cherry is floating a plan to save the Michigan Promise scholarship by charging companies 10 cents for every bottle of water produced in the state.
Cherry is scheduled to announce his plan during stops at Grand Rapids Community College and Michigan State University on Monday.
Cherry, who is running for governor, was not available for questions Friday.
But a statement posted on his campaign Web site said the 10-cent fee would raise $118 million.
According to the site, restoring the scholarships for 96,000 students would require $100 million.
The rest would be spent on wetlands regulations and other conservation plans."
This is gonna be great!
Cherry won't charge people or "consumers", he'll get back at those greedy companies!
And it's gonna raise even more money than the children/students need so there's gonna be enough left over for wetlands and conservation!
Wow.....I'm sure glad our Lt Governor didn't mention increasing a "tax" on a company or "price elasticity" or the relationship between goods sold and employment or other spending/saving options for the "extra $16 million.
Imagine if the incurious media (which reported this story with glowing admiration) had asked if Michigan companies really need another $116 million tax right now.......naa, that would be mean to the children and wetlands.......
"Lt. Gov. John Cherry is floating a plan to save the Michigan Promise scholarship by charging companies 10 cents for every bottle of water produced in the state.
Cherry is scheduled to announce his plan during stops at Grand Rapids Community College and Michigan State University on Monday.
Cherry, who is running for governor, was not available for questions Friday.
But a statement posted on his campaign Web site said the 10-cent fee would raise $118 million.
According to the site, restoring the scholarships for 96,000 students would require $100 million.
The rest would be spent on wetlands regulations and other conservation plans."
This is gonna be great!
Cherry won't charge people or "consumers", he'll get back at those greedy companies!
And it's gonna raise even more money than the children/students need so there's gonna be enough left over for wetlands and conservation!
Wow.....I'm sure glad our Lt Governor didn't mention increasing a "tax" on a company or "price elasticity" or the relationship between goods sold and employment or other spending/saving options for the "extra $16 million.
Imagine if the incurious media (which reported this story with glowing admiration) had asked if Michigan companies really need another $116 million tax right now.......naa, that would be mean to the children and wetlands.......
If you want a fatter, more anti-business/jobs, unionist Granholm, Cherry is da man!
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