There’s a lot to like about Walker’s budget proposal. I like the expansion of School Choice, the prohibition of double-dipping, and a few other things. This is good, but seems awfully timid. $343 million is a half of a percent of the state budget. It’s hardly a bold move. Perhaps the Republicans in the legislature will make a more significant income tax cut.
Gov. Scott Walker unveiled a $68 billion two-year budget Wednesday, promising to put more money into the hands of taxpayers, change entitlement programs to encourage “true independence,” and invest in a series of priorities demonstrating job creation is his No. 1 goal.
The centerpiece of his 2013-15 re-election cycle plan is a $343 million income tax cut targeted toward middle-class taxpayers. Combined with continued limits on property taxes, Walker said the benefit to taxpayers would spark the economy and lead to more jobs.
“Our middle-class tax cut is a down payment on my goal of reducing the tax burden in our state every year I’m in office,” said Walker, poised to seek another four-year term next year. “I want to cut taxes over and over and over again until we are leading the country in economic recovery.”
Walker’s budget was so good, it had to be posted twice orI’m seeing double vision again.
Sorry. It’s just my penchant to touble-tap.
Am I missing something, or is the increase in borrowing and the structural deficit greater than the tax cut?
His expansion of the definition of a Wisconsin Veteran was absolutely stunning and yet reported almost no where. I smell the efforts of Zipperer on that one. Veterans groups have been fighting for that change for more than 15 years.
Walker is putting the state further in debt to for unecssary highway expansion. Time tp prioritize road construction projects to match the incoming revenue.
Yeah! more cutting our way to prosperity.
Did Walker not hear the CEO’s of the major companies that said the way to deal with the deficit and stimulate the economy was a combination of revenue increases and a reduction in spending? It was on the front page of the Wall Street Journal above the fold.