Republican budget to leave state with $500 million deficit in 2015, would raise property taxes

So much for Republicans in our Legislature eliminating our state’s budget deficit and lowering taxes…

The typical homeowner’s property taxes would rise by $29 this year, income-tax payers would see an average $158 cut next year, and the state’s 2015-’17 budget would face a projected half-billion-dollar shortfall, under the latest version of Republicans’ state budget bill.

The bill passed last week by the budget committee would turn the surplus currently enjoyed by the state into a potential deficit two years from now, according to one of a series of new reports from the Legislature’s nonpartisan budget office.

So much for all the rhetoric about Republicans “righting” Wisconsin’s fiscal ship while not raising taxes.

Liars.

7 comments to Republican budget to leave state with $500 million deficit in 2015, would raise property taxes

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Blogging Blue’s “14 in ’14″

Goal Thermometer

Support The New World Horror