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Saturday, April 16, 2011

Walker's Budget: The Poor Aren't Broke

Forbes Excerpt:
MADISON, Wis. -- A new nonpartisan analysis of Wisconsin Republican Gov. Scott Walker's budget proposal shows that it would raise taxes for poor people, while decreasing taxes overall.

The Legislative Fiscal Bureau report shows that taxes for low and moderate income people would increase more than $49 million over two years. The largest increase comes to families who qualify for the earned income tax credit and homeowners who receive a homestead tax credit.

1 comment:

Anonymous said...

Are you kidding me!? Of course, it always lands on the low and moderate income people. A person has to make around $80,000 to make ends meet these days! Just like the 27 year old Walker put in a State position made! What a crock of you know what!

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