Friday, January 17, 2014

Wisconsin revenues projected to be more than $900 million better than expected

The Wisconsin State Journal reports:
Wisconsin’s finances are more than $900 million stronger through mid-2015 than previously expected, the nonpartisan Legislative Fiscal Bureau reported Thursday.

The $911.9 million in additional revenue includes $893 million in higher-than-expected tax collections plus lower-than-expected department spending.



There's more:
Senate Minority Leader Chris Larson, D-Milwaukee, said the increased revenue should be spent on K-12 education.

“As Wisconsin job growth continues to lag behind our Midwestern neighbors, Governor Walker and his GOP allies in the Legislature have been given an opportunity to put the $800 million that was stolen from Wisconsin children’s education back into classrooms across our state,” Larson said.


Attention Chris Larsen: all taxation is theft . After all, public education is education financed at gunpoint.