According to a June 9th Legislative Fiscal Bureau memo prepared for Senator Mark Miller, the combined cost of the tax cuts in the biennial budget bill and in other bills already enacted this year will be $212 million in the 2011-13 budget period. The annual cost of many of those credits will grow significantly in future years, and the cumulative fiscal impact over the next ten years is projected to be $2.3 billion.
Read more in a new Wisconsin Budget Project Blog post.
Jon Peacock
Whether Black, Brown, or white, rural or city, we all can thrive when state leaders invest in our children, families, and communities. Tax cuts for the rich are not the path to prosperity and will only make income inequality in Wisconsin worse.
Restoring access to driver licenses for every eligible Wisconsinite will keep families together, increase economic opportunities for working families, ensure safer roads, and boost state revenue. For decades, driver licenses had been available to immigrant drivers up...
Economic hardship has a long-lasting negative impact on children—affecting their health and wellness over the course of their lives. Ensuring families can meet their basic needs should be a key goal for the 2023-25 state budget.
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