Wisconsin Temperatures Fall – Taxes Rise
September 3, 2009 by Capt. Karl
When the state budget passed several months ago, we were bombarded with propaganda from liberal politicians who told us it was a great bill which closed the $6.6 billion deficit, “cut state spending,” and created jobs.
But when cigarette and telephone taxes went up yesterday by $415 million, you could have heard a pin drop in Madison. All totaled, Doyle’s budget raised taxes and fees by $2.1 billion including:
- $310 million from a 75-cent per pack cigarette tax increase
- $287 million by creating a new 7.75% income tax bracket for state taxpayers
- $242 million by cutting in half the tax exemption for capital-gains investments
- $105 million from a 75-cent monthly fee on all telephone lines
Would the last person or small business to leave the State of Wisconsin, please turn out the lights. Thank you.
