Scott Walker Has $1 Billion Budget Surplus
Meanwhile, out in flyover country.
12:09 PM, Mar 11, 2014 • By GEOFFREY NORMAN
In Wisconsin, as Jason Stein of the Milwaukee Journal Sentinel reports:
“Senate Republicans Tuesday narrowly passed Gov. Scott Walker's $541 million tax cut proposal in a vote that guaranteed the cuts will become law.”
Perhaps the most remarkable aspect of this story is that it is no unique, on-time occurrence. It is, in fact “the third round of cuts by Republicans in less than a year.”
And the state has a surplus as a result.
“With growing tax collections now expected to give the state a $1billion budget surplus in June 2015, Walker's bill will cut property and income taxes for families and businesses, and zero out all income taxes for manufacturers in the state,” reports the Milwaukee Journal Sentinel.
Tax cuts? Budget surpluses? Those rubes are capable of anything.
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