Rick Snyder on Corporations
Closed $1.5B budget deficit while eliminating business tax
In Washington, politicians fight over "fiscal cliffs," "debt limits," and "sequesters." In the states, we are focused on improving education, caring for the poor, reforming government, lowering taxes, fixing entitlements, reducing dependency, and
creating jobs and opportunities for the unemployed.
Just look at what some of our nation's Republican reformers have accomplished at the state level. In New Mexico, Susana Martinez became the first Latina governor in US history, and turned a
$450 million budget deficit into a $200 million surplus. In Michigan, Governor Rick Snyder closed a $1.5 billion deficit while lowering personal income taxes and eliminating the state's job-killing business tax. In Idaho, Governor Butch Otter passed
legislation in 2011 that restricts collective bargaining for Idaho schools, institutes merit pay, and eliminates teacher tenure. And there are countless other examples.
Source: Unintimidated, by Scott Walker, p. 3-4
, Nov 18, 2013
Pure Michigan Business Connect: match-making for purchasing
On the jobs front, I want to mention a program that many people don't know about. It's called Pure Michigan Business Connect. It was an idea that I just viewed as common sense.
What's the concept? It's not about the government spending money, it's
about asking Michiganders to do more business with Michiganders. Simply doing match-making. Getting people signed up and working together.
We started it a couple years ago, on the buying side, in terms of purchasing more with our two big utilities.
Happened on the lending side with two banks. Since 2010, there has been over $800 million more purchasing done in the state of Michigan than was otherwise done and there has been almost $2 billion of additional loans made in the last two years because
of these programs.
It's going so well and so exciting that I was proud yesterday to announce that Ford and Chrysler are also joining the program. Let's keep this going; let's get Michiganders buying more from Michiganders, because that's more jobs.
Source: 2013 State of the State Speech to Michigan Legislature
, Jan 16, 2013
Replace MBT with flat corporate income tax
Eliminating the Michigan Business Tax (MBT): The MBT is crippling Michigan's economic recovery. Our state is in need of more jobs and we can't afford an unfair and extremely complicated business tax. It's time for a fair and simple solution. As Governor,
Rick will eliminate the worst business tax in the country and replace it with a simple and fair solution that reduces the tax burden by 1.5 billion dollars--a flat corporate income tax.
Source: Campaign website, governorelectricksnyder.com, "Vision"
, Nov 2, 2010
One Tough Nerd: venture capitalist & high-tech executive
Nerds have active, curious minds. They seek input from many sources. Nerds pay attention to what's going on around them. Nerds don't take "no" for an answer--and they quickly tire of those who say "this is the way we've always done it." Nerds aren't
concerned with taking credit. While still in public school in Battle Creek, Rick knew he wanted to acquire the education necessary to succeed in a variety of endeavors. How has he done?An outstanding, driven student. A successful executive.
A leader and mentor responsible for substantial job growth in the very industries that Michigan needs for a brighter future. A man with a strong sense of civic responsibility. A man devoted to his wife and family. One tough nerd indeed.
Source: Campaign website, rickformichigan.com, "One Tough Nerd"
, Nov 2, 2010
- Rick was named President and COO of Gateway, an upstart computer
- As a successful venture capitalist, Rick led investments in a wide variety of technology-based start up companies.
- First Chairman of the Michigan Economic Development Corporation
Page last updated: Feb 17, 2018