Browsing: Economy and Infastructure

The city of Milwaukee announced it is building a new line for the $128 million streetcar known as The Hop. Unanswered anywhere in the strangely incurious media is why the city would open that line now.

Gov. Tony Evers, who has set as a goal that “all electricity consumed in the state be 100% carbon-free by 2050,” is making sure that state agencies and local governments are able to ban the use of fossil fuels to run cars and lawnmowers, heat homes and power stoves.

Minimum markup laws hurt consumers by making goods more costly. Wisconsin should repeal its antiquated minimum markup law, as Badger Institute has advocated for decades.

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.

When and why did bringing internet access to every home and business in Wisconsin become the sole province of government, rather than the marketing mission of established private internet providers?

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.

America is choosing sides and Wisconsin — given the lurch to the left along its borders — can greatly benefit.

Minnesota, Illinois and Michigan are all now among America’s 17 thoroughly blue states where Democrats control both chambers of the legislature as well as the governor’s mansion. We are just one of 11 states with divided government, according to Ballotpedia, and Iowa is one of 22 states that is totally red.

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.

Policymakers and environmental activists opposed to the use of fossil fuels like natural gas have pushed state and local governments to ban their use in homes and businesses without consideration of increased cost to consumers, the nature and reliability of our energy supply or technological advances impacting emissions. Other policymakers — including some in Wisconsin — have in response introduced legislation designed to ensure the continued right to use fossil fuels to heat and power buildings as well as cars and various other devices.

Thousands of Wisconsin renters caught a break when the Centers for Disease Control and Prevention imposed a moratorium on evictions in September 2020, ostensibly to prevent the spread of the COVID-19 virus. But Wisconsin landlords like Mike Cerns had already paid the price. Cerns estimates he lost between $60,000 and $80,000 in unpaid rental income and the cost of repairing property damage from bad tenants he could not evict. “The federal government essentially stole my property during the eviction moratorium and the courts were an accessory to the theft,” he says.

The Hop cost $15.03 per ride in operating expenses, never mind the cost of rails and wires — not a dime of it paid by passengers. It’s why the Legislature is doing Milwaukee a favor when it says, “enough.”

Unions — and the progressives looking to make them again mandatory in Wisconsin — don’t get markets. They don’t get that in a market, a seller and a buyer or an employer and an employee must both benefit or no future deals happen. Instead, the game is zero sum, a fight for morsels, and only the bigger fist wins.

Assembly Speaker Robin Vos on Wednesday renewed a call for Wisconsin to adopt tolling as a way to pay for state infrastructure projects.  An alternative is needed, he said, as increased fuel efficiency and an increase in electric cars on the road are contributing to declining gas tax revenues.

In recent years, Wisconsin has been transferring money from the general fund into the transportation fund. And for many years, every projection has shown that gas tax revenue likely has peaked and henceforth will decline as cars get better mileage and as more electric vehicles hit the road.

Wisconsin’s economy shows some worrisome signs in top-line economic output and some positive trends, such as fairly large net migration from other Midwestern states, both in people and in income. And while the Badger State’s fiscal and regulatory policy mix is closer to the norm among states than it was even a decade ago, there is a clear need for additional reforms.

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.

The Wisconsin Assembly on Thursday voted to ask voters in this spring’s elections whether able-bodied childless adults should have to seek work in order to go on receiving taxpayer-funded benefits, an idea the Badger Institute long has championed.

My hope for 2023 is that every legislator in Madison will talk to somebody in their district who lost their small business or their job, and ask why.

Shouldn’t be hard to find them.

Between March of 2020 and March of 2021 — the last period of time for which I could find data — 17,364 Wisconsin establishments opened and 13,698 closed, according to the U.S. Small Business Administration. Almost all of those were small businesses.

The motor vehicle fuel tax, long the mainstay for highway funding in Wisconsin, is becoming unsustainable as a revenue source due to increased vehicle mileage and popularity of vehicles that use no fuel. Now is the time to consider a replacement.