Browsing: State Budget

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.

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.

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.

The Badger Institute today celebrated the news that Wisconsin lawmakers, including Senate Majority Leader Devin LeMahieu (R-Oostburg), are unveiling legislation to shift our state to a single-rate personal income tax — a recommendation made by the Badger Institute and Tax Foundation in in July. 

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 Legislative Audit Bureau criticized the state Department of Administration for its lack of openness in how it is deploying $5.7 billion in federal health emergency funds granted to Wisconsin.

The audit report, released Wednesday, comes months after the Badger Institute first called for a comprehensive audit of all state spending of funds provided through the CARES Act, American Rescue Plan Act and the Investment and Jobs Act.

On Dec. 14, the Badger Institute submitted the following comments to Gov. Tony Evers’ statewide listening session tour on the 2023-25 executive budget.

Using billions of emergency pandemic bill dollars to plug gaping holes in their budgets, local governments across Wisconsin and the country are setting themselves up to ask for tax increases or slash services as basic as police and fire protection when the federal funding runs out. 

A flat tax would dramatically improve Wisconsin’s standing in an increasingly competitive tax environment – and could be done without raising taxes on anyone.

Newsmakers Host Lisa Pugh sits down with Wisconsin Association of School Boards Director of Government Relations Dan Rossmiller and Badger Institute consultant and member of the Wisconsin Coalition for Education Freedom, Jim Bender, for a discussion on the state of schools.

Turns out, as it always does when you look at where federal tax dollars end up in this country, Wisconsin is bringing up the tail end in the scramble for COVID cash.
January 13, 2022

With cost overruns on bridge, road and other infrastructure megaprojects in Wisconsin as certain as death, taxes and Packers’ title-run failures, budget hawks are on high alert with new federal money about to inundate the state.

Sometime during the 2023 session, the Wisconsin Legislature is expected to approve a resolution proposing that voters consider amending the state constitution to restore long-lost legislative oversight of major federal spending initiatives in the state.

Voters have amended the state constitution 146 times. Will they do it again?

Wisconsin voters could make 2023 a watershed year for oversight of currently unchecked spending of billions of dollars of federal funding flowing into the state.

At the height of the initial COVID-19 outbreak, correctional and other public safety agencies in Wisconsin bought at least 55 disinfection robots at a cost of more than $2.2 million.

Local governments, awash in federal cash, still trying to spend down millions from the CARES Act 

Failure to do so will result in taxpayers providing a $700 million interest-free loan to the government in both 2021 and 2022

Tax relief in 2021-’23 budget will provide substantial relief to individuals, families and businesses