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
Systemic racism and ongoing forms of injustice play a crucial role in youth of color being over-represented at all points of contact within the criminal legal system — from policing to courts to incarceration.
Taxes are a critical way of providing the resources, infrastructure and services that increase quality of life for all Wisconsinites. They also play an important role in expanding opportunity and enhancing racial equity.
Last night in his budget address, Governor Evers leveraged our state’s historically strong fiscal position to reimagine a Wisconsin that does more to provide every child and family with a solid foundation to live a happy and healthy life.
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