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Old 04-16-2011, 10:02 AM
 
5,036 posts, read 5,140,532 times
Reputation: 2356

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Walker plan holds down property taxes, delivers lowest structural deficit in 15 years « Hot Air
Quote:
The property tax bill on the typical Wisconsin home would rise by less than 1% annually over the next two years under Gov. Scott Walker’s proposed budget, the Legislature’s nonpartisan budget office reported Friday.
The Legislative Fiscal Bureau also said Walker’s plan would put the state’s finances in the best shape they’ve been in for more than 15 years.
It found the so-called structural deficit – the imbalance between spending and tax revenue as laid out in state law – for the 2013-’15 budget would be $31 million. That assumes Walker’s budget passes the Legislature without new spending increases or tax cuts that would add to the deficit.
Under its existing form, Walker’s budget leaves the state with a fraction of the structural deficits seen in the past eight budget cycles. The next lowest structural deficit in recent years was $1.5 billion, or 48 times as much as what Walker’s proposing.

But, but...he hates working families and he's so evil......

Good on him and good for Wisconsin folks.
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Old 04-16-2011, 02:00 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Walker Fail

Quote:
Gov. Scott Walker's plans to balance the state budget by cutting spending and public workers' take-home pay will slow the state's economic recovery, according to projections by a UW-Madison economist
.

Quote:
An estimated 21,843 jobs will be lost over the next year or two as public agencies and workers are able to spend less in their communities, said Steven Deller, a professor of applied economics who studied the ripple effects of Walker's budget-repair bill and two-year budget proposal.
Study: Budget could hurt state's economy
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Old 04-16-2011, 02:03 PM
 
31,387 posts, read 37,070,009 times
Reputation: 15038
Quote:
Originally Posted by jojajn View Post
But, but... but. He lowered the budget! Of course he is going to have to lower again as a result in the short fall in taxes due to folks not being having a job or a house to tax. But he lowered the budget! HURRAY!
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Old 04-16-2011, 02:12 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by ovcatto View Post
But, but... but. He lowered the budget! Of course he is going to have to lower again as a result in the short fall in taxes due to folks not being having a job or a house to tax. But he lowered the budget! HURRAY!
Walker is as short sighted as GWB was!
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Old 04-16-2011, 02:23 PM
 
25,021 posts, read 27,946,153 times
Reputation: 11790
Quote:
Originally Posted by jojajn View Post
So you're basically saying, that to increase and ensure economic growth, government has to spend more and more. Sort of like, oh I don't know, like the stimulus? And we've seen the millions of shovel-ready jobs created by the Obama stimulus Liberal fail
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Old 04-16-2011, 02:34 PM
 
Location: Chicago, IL SouthWest Suburbs
3,522 posts, read 6,106,199 times
Reputation: 6130
Quote:
Originally Posted by BucsLose View Post
Walker plan holds down property taxes, delivers lowest structural deficit in 15 years « Hot Air



But, but...he hates working families and he's so evil......

Good on him and good for Wisconsin folks.
what is walker going to do for the state of wisconsin income tax
is that still around 8%
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Old 04-16-2011, 02:51 PM
 
Location: Chicagoland
41,325 posts, read 44,966,939 times
Reputation: 7118
Quote:
Originally Posted by BucsLose View Post
Walker plan holds down property taxes, delivers lowest structural deficit in 15 years « Hot Air



But, but...he hates working families and he's so evil......

Good on him and good for Wisconsin folks.
The Left/union can forget about recalling Walker. Not going to happen, especially as he is protecting taxpayers over union thuggery and excesses.
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