Does Scott Walker not understand that all that tax money belongs to the State?
The ($531 million) tax decreases — the third round of cuts by Republicans in less than a year — passed 17-15 with GOP Sen. Dale Schultz of Richland Center joining all Democrats in voting against the proposal. The proposal now goes to the Assembly, which passed a different version of the tax cuts last month with two Democrats joining all Republicans in supporting it.
With growing tax collections now expected to give the state a $1billion budget surplus in June 2015, Walker’s bill will cut property and income taxes for families and businesses, and zero out all income taxes for manufacturers in the state.
…Also: odd, isn’t it, how aggregate tax income went up even though the tax rates went down? – For a given value of ‘odd,’ of course. Certainly the trick still stymies many liberals.
Via Jim Geraghty, although he forgot to include ‘Throne of skulls’ in the post somewhere.
Moe Lane
PS: Note, by the way, that it took a GOP legislature to make sure that spending went down, too. I say this without heat: that’s why we have legislatures and executives. The idea is for them to keep each other honest.
This.
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We, well *some* of us anyway, have been saying that D.C. doesn’t have a tax problem, it has a spending problem.
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Given that a GOP legislature has not fixed this, rather it has been active in trying to remove fixes it embraced last term (keyword: sequester), I do not accept that “it took a GOP legislature”, rather I suspect it took “a fiscally conservative legislature” which is, sadly, not the same thing.
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Mew
My only real concern is that Walker would rubber stamp any Bill with Ryan’s name on it. Including something like the Ryan-Murray Budget that got rid of the Sequester. Walker lives in Ryan’s district and they consider themselves friends and allies.
Remember the Ryan Roadmap?
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I didn’t think much of the Ryan-Murray budget either, but .. it was never really going anywhere.
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I wouldn’t vote for Ryan*, but I don’t think he and Walker being friends says anything particularly bad about either man.
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Mew
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* because he has *no* executive experience
The Throne Of Skulls Strikes Again!!