It’s still working

Despite job creation stifled by federal tax and regulatory policies, Wisconsin has produced more good news and fewer disappointments since Governor Walker’s reforms were enacted last year.

The latest good news came in two announcements last week.

Last Wednesday the Department of Revenue announced that tax collections during fiscal year 2011-12 exceeded last spring’s projections by more than $126 million. State law requires half the amount to be held in a “rainy day” fund, which will roughly double in size with the $63 million transfer.

The Department of Administration will close the books on FY2011-12 with a report next month, and if it shows spending in line with earlier projections, the two-year budget period will end with a $274 million surplus.

Not bad for a bunch of guys who entered office 21 months ago facing a $3.6 billion deficit.

Meanwhile, the nonpartisan Wisconsin Taxpayers Alliance detailed its findings that the year-to-year increase in property taxes averaged just 0.2 percent statewide for 2012, the smallest increase since 1997.

Property taxes levied by school districts actually declined by a full one percent. The decrease was the first in six years.

By discarding belligerence toward private enterprise and the determination to squeeze taxpayers ever harder, Wisconsin got itself on a sound footing. The whole country now has a chance to do the same.

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About Wisconsin Club for Growth
The Club for Growth is a national network of over 40,000 men and women, from all walks of life, who believe that prosperity and opportunity come through economic freedom. Wisconsin Club for Growth, Inc. is dedicated to informing, educating and rallying citizens of Wisconsin to embrace and enact policies that lead to sustained economic growth, limited government, and minimal taxation. Wisconsin Club for Growth can and will have an enormous impact on the direction of our state. Wisconsin Club for Growth believes that effective lobbying is done at all stages of the budget cycle, including when our leaders make public promises and can be encouraged to support policies that spur economic growth. Wisconsin Club for Growth believes we must support pro-growth policies and encourage public officials with backbones to remain truly committed to making our economy and our state stronger. Wisconsin Club for Growth believes our leaders must stand up to the tax and spend mentality in Madison and work tirelessly to cut taxes and unleash the power of the free-market.

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