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Tax consumption over production to reform Wisconsins tax system

MADISON The supporters of the Taxpayers Bill of Rights are right about one thing: Wisconsin needs a new way of raising and spending money on state and local government. Our tax system hampers economic growth and theres too much overlap between units of government.

But the opponents of TABOR are right about one thing, too: A formula-driven solution to controlling taxes and spending could......

Full article >>> kets before it has a chance to be put to work. It also creates a more complicated tax system due to the rules and regulations surrounding the income tax. If Wisconsin cut income taxes and raised sales taxes, the taxation system would be simpler, fairer and better for the economy. Taxpayers would have more choices about how to spend or invest their income.

Wisconsin could also export mo......

Full article >>> em and the Tech College system) would be first to be cut because they collectively represent the biggest single spending category. Less spending on education will ultimately mean fewer people trained for knowledge-based jobs.

Wisconsin doesnt need to amend its Constitution to control taxes and spending. Legislators and Gov. Jim Doyle should instead reform the tax system and reduce spendi......

Full article >>>
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Source:wistechnology.com By Tom Still 05/03/04


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