Rep. Vos: Statement on New Revenue Estimates
By
Rep. Robin Vos
Madison, WI – Rep. Robin Vos (R-Caledonia) issued the following statement in response to the latest news that decreased revenues and the suspension of the Minnesota –Wisconsin tax reciprocity agreement have caused another $300 million decline to Wisconsin’s general fund:
“Governor Doyle said last night, in his State of the State Address, that another round of cuts is necessary to ensure that the budget stays balanced. That is the only thing on which the Governor and I agree.
“The most recent news that revenues have spiraled downward again by another $300 million is more evidence the economy cannot be fixed with higher taxes. The $5 billion in taxes imposed by Governor Doyle and Democrats this year are clearly hurting Wisconsin families, directly leading to a huge decrease in sales tax revenues.
“Additionally, wasting billions of dollars in stimulus money has made the economy no better. Spending more is also clearly not the answer to fixing our fiscal problems.
“If Doyle had been more concerned with paring down the size of government a year ago, rather than unabashedly promoting wild, unsustainable spending on bloated big-government programs, Wisconsin would not be facing yet another major fiscal adversity.”
Posted @ 7:00 p.m.
