And, is working to return the surplus to the people!
Why, it’s almost as if responsible, conservative governance works:
Wisconsin will sell $294.8 million in general-obligation refunding bonds this week in a negotiated sale as the state projects a budget surplus of almost $1 billion. Surging tax revenue is driving improved fiscal performance in Wisconsin, with a population of 5.7 million. The improvement in the state’s tax collections ranked seventh in the nation during the 12 months ended in June, according to the Bloomberg Economic Evaluation of States. The state had originally projected a surplus of $130 million as of mid-2015.
As we noted in late January, the state’s “surging tax revenue” was decidedly notprecipitated by tax increases. Governor Scott Walker — who has cut taxesseveral times over his first term — urged passage of an additional tax relief…
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