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New Evidence that the Rich Have Prospered while the Poor Got Poorer
We got more evidence last week that rich Americans are getting richer and the poor are getting poorer. A new report released August 21st by the Census Bureau shows not only that the top 20% of...
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On Pins and Needles Waiting for New Tax Figures in Wisconsin
Is Wisconsin’s Department of Revenue delaying bad news? For the past month or so I’ve been scratching my head wondering when we would get an update from the WI Department of Revenue on state tax...
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Wisconsin State Tax Collections Fall Far Short of Projections
$281 Million Revenue Shortfall in 2013-14 Will Mean a Big Jump in the Structural Deficit New revenue figues show a major shortfall in Wisconsin. Wisconsin lawmakers got bad budget news today, when the...
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The 58,000 Job Question for Wisconsin
New Report Takes Comprehensive Look at Weaknesses, Strengths of Wisconsin’s Labor Market “Many workers don’t have the security they need to get ahead.” Wisconsin’s economy is adding jobs at a slow...
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Despite Calling Medicaid Expansion Funds Unreliable, Wisconsin Lawmakers Rely...
From www.wisconsinbudgetproject.org. In the Wisconsin debate about whether to accept federal funding for expanding BadgerCare, there has been little attention paid to a significant inconsistency used...
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Budget Shortfall in Wisconsin Shows Downside of Risky Approach to Tax Cuts
From www.wisconsinbudgetproject.org. Last week we learned that state tax revenues in Wisconsin fell far short of projections for the budget year that just ended. The shortfall means that next year the...
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New Wisconsin Figures Are a Sobering Reminder of the Need for More Prudent...
Structural Deficit in Wisconsin Calculation Jumps to Nearly $1.8 Billion Wisconsin needs better budgets. It’s remarkable how quickly Wisconsin’s fiscal picture can turn around, even during a period...
View ArticleIncreasing Both the Earned Income Tax Credit and the Minimum Wage Would...
From www.wisconsinbudgetproject.org. State lawmakers who want to help Wisconsin families recover from the recession should move to boost both the state’s earned income tax credit and its minimum wage....
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Standard and Poor’s Says Inequality Suppresses Economic Growth and State Revenue
Even Wall Street rating agency Standard & Poor’s sounds the alarm on income inequality. Concerns about increases in income inequality were voiced from a surprising perspective today, when Standard...
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Agency Requests Underscore Wisconsin’s Budget Challenges
Wisconsin agencies need more money, but the state budget faces serious shortfalls. Most state agencies have submitted their budget requests for Wisconsin’s upcoming 2015-17 budget. These requests are...
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