Press Releases

Todd A. Berry
608-241-9789
wistax@wistax.org

Back to the Future?

The New State Budget

July 1, 2013

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MADISON—Save before you spend. Don’t spend more than you earn.

Financial planners often share this common-sense advice with clients. It is wise counsel for state officials, too.

Unfortunately, our political leaders have long had difficulty following it.

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Dale J. Knapp or Todd A. Berry
608-241-9789
wistax@wistax.org

Wisconsin Student Loan Debt Looms for Many Graduating High School Seniors

May 28, 2013

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MADISON—As high school seniors graduate and plan for the future, many are taking on student loans to finance higher education.

While students and parents widely report sticker shock at the amounts to be borrowed, an analysis of new Federal Reserve Bank of New York information by the Wisconsin Taxpayers Alliance (WISTAX) puts student loan debt in perspective.

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Dale J. Knapp or Todd A. Berry
608-241-9789
wistax@wistax.org

State Aid Cuts, Property Tax Limits Slow Growth in Local Government Revenues

Counties, Municipalities Continue to Fund Public Safety

May 7, 2013

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MADISON—While state government made headlines over the past decade moving from problem budget to problem budget, local governments experienced more significant but less noticed financial change. County revenue growth that averaged nearly 8% annually in the early 1990s slowed to just 1.5% per year during 2005-11. Municipal revenue increases also slowed from an average of 5.5% to 2.7% per year. The causes and consequences of this shift are featured in "The Local Squeeze? State Aid Cuts, Tax Limits, and Local Government Finances," the latest report from the nonpartisan researchers at the Wisconsin Taxpayers Alliance (WISTAX).

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Todd A. Berry
608-241-9789
wistax@wistax.org

Is Messy State Income Tax Ripe for Spring Cleaning?

April 19, 2013

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If the state had a checklist for spring cleaning, income taxes would be on it. No
one benefits from complex laws that burden individuals, small businesses, and tax collectors alike. State officials have been tinkering with the income tax since the late 1990s, piling change on change, adding lines to tax forms and pages to instructions with little benefit to the typical taxpayer.

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Dale J. Knapp or Todd A. Berry
608-241-9789
wistax@wistax.org

Rising State Debt Concerns Some Lawmakers

Governor Walker Proposes to Continue Borrowing Trend

April 1, 2013

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MADISON—Over the past decade, state debt rose 131.9%; in per capita terms, it more than doubled. These figures concern some state lawmakers as Governor Walker (R) requests over $2.1 billion in borrowing in his 2013-15 state budget, according to a new report by the Wisconsin Taxpayers Alliance (WISTAX), "State budget sticking points (II): Debt and deficits." WISTAX is a nonpartisan, nonprofit organization dedicated to policy research and citizen education.

 

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