Back in October 2011, the Wisconsin Department of Health Services (DHS) estimated that the state was facing a shortfall in the budget for Medicaid and BadgerCare of about $550 million during the 2011-13 biennium: almost $220 million in state General Purpose Revenue (GPR) and $330 million of matching federal funds. Since then, the size of the projected deficit has fallen by more than 60 percent, without accounting for the newer cost-saving measures. This short paper provides a summary of the evolving deficit estimate and offers several options for closing that shortfall.
Eliminating Wisconsin’s Income Tax Would Give Huge Tax Cuts to the Wealthy and Powerful
Eliminating Wisconsin’s income tax would funnel enormous tax cuts into the pockets of the wealthy and powerful, potentially raise taxes on people with the lowest incomes, and make it nearly impossible for Wisconsin to make the kind of investments that make the state a...