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Jan-06
18

TABOR Alert

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State over spending, over taxing

The state Senate committee on Job Creation, Economic Development and Consumer Affairs took their show on the road to Manitowoc last week to solicit testimony on their plan to jumpstart the economy in Wisconsin. To their credit, they are all well intentioned and they want Wisconsin businesses to do well.

Unfortunately, the economic proposals offered in the economic development package called Invest Wisconsin are at the same time laudable and quixotic. The plan does not address the fundamental problem we have in this state, to wit; all levels of government-state and local-spend too much money and our tax burden is too high. It is that simple. Wisconsin has languished in the top five highest taxed states for longer than I can remember.

There is also much hand wringing over the “brain drain” in Wisconsin. We have a good and readily accessible public university system, which produces high quality graduates. Why do they leave? They leave because there are better opportunities elsewhere. They leave because they can make, and keep, more of their earnings elsewhere. They are voting with their feet.

Full Herald Times Reporter Article from Manitowoc

“State spending increased at a rate nearly three times the rate of inflation.”

Excessive spending is not a Democratic or Republican issue.”

“The only way out is this mess is to incorporate strong spending limits into our state constitution through a taxpayer bill of rights amendment-TABOR.”

SUPPORT A STRONG TABOR

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Comments

  1. BobZiller says:

    I am getting nervous about TABOR. This thing is still in committee and there seems to be some who are jerking it around trying for sneaky loopholes. When TABOR was discussed last year at the Phipps Center, Jeff Woods said that FUTURE unfunded mandates did not have to be done by local government entities.

    I asked why not take out the word Future? He said that TABOR would not pass that way. There, folks, was the first hint that TABOR could be watered down. We have to stay on top of all changes.

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