The good news is that Michigan’s tax revenues this year may actually be a half billion dollars higher than was previously predicted.
The bad news is, rather than offsetting some of the $470-per-pupil funding cut Governor Snyder proposes in his budget with the windfall, he wants to save it.
“I don’t want to speculate on us having more dollars,” Snyder said. “Are they one-time funds, are they sustainable dollars? We shouldn’t just be going to spend that money today…We also need to make sure we’re being prudent on the savings side.”
You never know when you might need it to give yet another corporation a tax break, eh, Governor?
I’m just sayin’…