Representative Peter Lucido (R-District 36) was on the Frank Beckmann program today on WJR-
Taking interest money will NOT in any way draw from the MCCA's continuously growing PRINCIPLE that it receives through the taxpayers vehicle insurance premium payments.
Representative Lucido’s idea would nix Lansing from coming up with laying additional tax burdens on Michiganders.
Michiganders pay more for insurance than the rest of the country and 2 times more than the national average.
via Peter J. Lucido - May 5 ---
"The citizens of Michigan have spoken very clearly: They want the roads fixed without raising taxes.
I am introducing a bill Wednesday in the House. This plan has been referred to previously as Plan B. Today I want you to realize it is now called Legislator Lucido’s Plan.
My plan is simply with no confusing parts tied to it. Today the plan could use the annual INTEREST ONLY from the Michigan Catastrophic Claims Association which is approximately one billion dollars annually. This is more than enough to get the roads, infrastructure, and transportation repaired and maintained WITHOUT HAVING TO TAX THE FAMILIES OF MICHIGAN.
What are we waiting for? We do not need gridlock and further delays to solve our road dilemmas. Do you agree? Please post your thoughts, share this post, call your legislator, and LET'S GET THESE ROADS FIXED TOGETHER!"