There are only three acceptable uses for a government surplus. 1) return it to the taxpayers; 2) pay down debt; & 3) put it in the rainy day fund. In this case, the rainy day fund is already well funded. In this case, they should just give it back.
Wisconsin collected $76 million more in taxes than anticipated last fiscal year, prompting lawmakers from both parties to claim credit for a sign of positive economic growth in the state.
The nonpartisan Legislative Fiscal Bureau on Monday announced general fund tax collections for the 2018-19 fiscal year, which ended June 30, were up 7.4% from the previous year.
The $17.3 billion collected in taxes was $75.5 million, or 0.4%, more than anticipated in May when the state was finalizing its 2019-21 budget.
Oh, and tax cuts work… just sayin’.