If youre looking to give Gov. Scott Walker credit for a budget surplus, we should look at the supply side of increased borrowing and the withholding of state aid from communities. Those are areas Walkers backdoor budgeteering policies have had the greatest impact. But if youre making the claim that the surplus is built on positive revenue streams from a growing economy - look toward the tax policies that have remained fundamentally intact over the last 6 to 8 years. Thats where real front-loaded state revenue comes from and those policies dont belong to Scott Walker or state republicans. But that may all change if Walker is re-elected and follows through on his proposal to drastically cut or eliminate the state income tax. IF income tax is cut AND replaced with income blind taxes and regressive fees, there is no question a greater burden will fall on those with the least. This will have devastating effects on the economy. rocknetroots.blogspot/
Posted on: Sat, 18 Jan 2014 02:26:40 +0000
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