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Conservatively Speaking

State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.

Wisconsin personal income continues to suffer

Taxes


Some very alarming news comes from the Wall Street Journal by way of new data from the US Census Bureau about tax collections during the second quarter of 2009. The newspaper reports:


States across the country saw big declines in personal income taxes, the largest single source of state funding, representing about a third of states' overall revenues. Eleven states -- including California, New York and Wisconsin -- saw personal income taxes fall more than 30%.”

The recession has resulted in lost jobs and salary cuts meaning less revenue flowing into state government coffers. I have blogged extensively that a slumping economy is the worst time to raise taxes. And yet some Democrats in the state Legislature after proposing and approving the 2009-11 state budget loaded with tax and fee increases are still talking publicly about raising income taxes for some Wisconsin residents.

When revenues are down, the key to reversing the trend is job creation made possible by improving our woeful state business climate. Increasing taxes, especially now would be disastrous.

Read more in the Wall Street Journal. 

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