Browsing: Budget Analysis

Governor Evers signed a budget passed by the Legislature that includes a more than 30% starting pay raise for assistant district attorneys and assistant public defenders and more flexibility for merit-based pay raises for attorneys currently in those roles. This makes the compensation for these roles more competitive and should reduce the high rates of turnover currently existing in District Attorney and public defender offices. 

Using his partial veto power, Gov. Tony Evers removed the Legislature’s first steps on tax reform for Wisconsin, canceling a simplification of Wisconsin’s income tax rates and a reduction in the rates covering much of the middle class and most of the state’s businesses.

Wisconsinites clearly got some wins in the 2023-2025 biennel budget. Now the task at hand is consolidate and expand those moving forward.

A plan passed by Wisconsin’s Joint Finance Committee saves taxpayers $3.5 billion over two years, money that came from them in the first place because they’re currently overtaxed. Gov. Evers would do well to sign off on that plan.

Wisconsin and the other 49 states are positively swimming in broadband funding, all of it the result of the Biden administration spending bacchanal.

“Drowning” might be a better word.

Wisconsin’s top marginal income tax rate—the rate that matters most to the state’s economic competitiveness—remains among the highest in the country. Moving to a flat tax would substantially improve Wisconsin’s tax competitiveness. Separately, repealing the personal property tax would reduce compliance burdens for taxpayers and administrative burdens for the state. As policymakers work on the next biennial budget, each of these policy changes deserves thoughtful consideration.

As the Wisconsin Legislature’s Joint Finance Committee begins budget deliberations, Gov. Tony Evers is pushing for a $31.6 billion budget for Medicaid over the next two years, a $4.2 billion biennial increase. The $27.4 billion being spent on Medicaid in the current two-year cycle already represents nearly 30% of all state spending.

Tucked away in Gov. Tony Evers’ proposed budget is nearly $3 million for a new cabinet-level chief equity officer and 18 new equity officers assigned throughout state government departments and agencies. The governor’s request comes at a time when diversity, equity and inclusion (DEI) programs are under fire in higher education, business and in government for fundamental unfairness and divisiveness and a failure to achieve their intended goals.   

Wisconsin can — and we think has to — do a lot more to compete with our neighbors. That’s where competition has to take place and with much of the rest of America. Or, watch our children and our neighbors move to states with more jobs and better wages, more opportunity and more prosperity. And those who are left behind at all levels are going to have fewer jobs, less opportunity, and more of the tax burden. People who are left behind are going to bear more of the tax burden. So, to us, the choice would seem clear.

The Badger Institute published new research by a nationally noted economist finding that a single-rate reform of Wisconsin’s individual income tax would yield substantial benefits to everyone in the state by spurring faster economic growth, more job options and more investment.

Estimates show moving to a flat individual income tax in Wisconsin could generate nearly $7.2 billion in additional GDP, $614 million in new investment, and nearly 24,000 additional jobs over the next five years.

Let’s forget about economic pie-growing for a minute (just a minute) as our legislators start to debate tax reform in…

Wisconsin Gov. Tony Evers has added the $500 million to his 2023-25 budget to address a “burgeoning crisis” in mental and behavioral health, particularly among Wisconsin children, created by the impact of the pandemic. In his State of the State address, he declared 2023 the Year of Mental Health.

Wisconsin Senate Majority Leader Devin LeMahieu has introduced a plan to transition over four years to a flat 3.25% individual income tax from the current four-bracket structure with a top rate of 7.65%.

He discussed the plan in this office in the Capitol Wednesday with Badger Institute President Mike Nichols in this week’s edition of the Institute’s Free Exchange podcast.

This study points out that Healthy Wisconsin is not so much a solution to the problem as it is the creator of even bigger problems that will dwarf the current crisis we have in health care.

As Wisconsin’s debt load continues to grow, the tax burden for Wisconsin families and businesses will grow right along with it

The future impact in Wisconsin

In state capitols across the country governors and legislatures have been forced to put all of their energy into solving enormous fiscal shortfalls. Given their dependence on income tax and sales tax revenues, the 2001 recession hit state governments particularly hard. In 2003, no fewer than 39 states, including Wisconsin, experienced budget gaps. During the

In 2002, state and local government spending in Wisconsin was 7.7% above the national average while our income level was 2.8% below the national average

A critical examination