The debate is OVER

[Bfgrn]

AND...

State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

Hows that working out in Illinois?

Census Bureau Reports State Government Tax Collections Reach High of Nearly $800 Billion in Fiscal Year 2012

Overall state government tax collections increased $34.3 billion from fiscal year 2011 to a record $794.6 billion in 2012, the U.S. Census Bureau reported today. The previous high for overall state tax collections was $779.7 billion in 2008. State tax revenue is up 13.0 percent from $703.4 billion in 2010, which was the lowest collected total since 2005. (State tax figures are represented as current whole dollars and are not adjusted for inflation.).

Overall state tax revenue on individual income was at $280.4 billion for 2012, up 8.1 percent from 2011, while general sales tax revenue was at $242.7 billion for 2012, up 2.9 percent from 2011. License tax revenue increased to $54.0 billion for 2012, up 4.7 percent from 2011. Individual income tax revenue, general sales tax revenue and license tax revenue comprised 72.6 percent of all state government tax collections nationally.

"These findings are the first to be released from the 2012 Census of Governments and provide an indicator of the fiscal health of our state governments and their ability to provide public services," said Lisa Blumerman, chief of the Census Bureau's Governments Division. (Figure 1)

These new statistics come from the 2012 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of all 50 state governments, including receipts from compulsory fees. This survey provides an annual summary of taxes collected by states which fall broadly into categories such as property taxes, sales and gross receipts taxes, license taxes and income taxes. Statistics are further broken down into 25 subcategories which cover collection on items such as motor fuel taxes, severance taxes and hunting license taxes. Tax revenues also include related penalty and interest receipts of the governments.

"The Census Bureau's state government tax collections data are an essential benchmark of state fiscal conditions," said Donald Boyd, a senior fellow at the Nelson A. Rockefeller Institute of Government at the State University of New York in Albany. "The latest data show that state tax revenue is continuing to recover, albeit slowly, from the depth of the recession."

Forty-seven states saw an increase in total tax revenue in fiscal year 2012, led by North Dakota (47.0 percent), Alaska (27.3 percent), Illinois (19.1 percent) and Connecticut (15.0 percent).

Among some of the findings from selected tax subcategories:

• States with the largest percentage increase in revenue from individual income taxes were Illinois (39.8 percent), Hawaii (23.5 percent), Oklahoma (16.3 percent) and Connecticut (13.9 percent).

 

[The Rabbi]

AND...

State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

Hows that working out in Illinois?

Census Bureau Reports State Government Tax Collections Reach High of Nearly $800 Billion in Fiscal Year 2012

Overall state government tax collections increased $34.3 billion from fiscal year 2011 to a record $794.6 billion in 2012, the U.S. Census Bureau reported today. The previous high for overall state tax collections was $779.7 billion in 2008. State tax revenue is up 13.0 percent from $703.4 billion in 2010, which was the lowest collected total since 2005. (State tax figures are represented as current whole dollars and are not adjusted for inflation.).

Overall state tax revenue on individual income was at $280.4 billion for 2012, up 8.1 percent from 2011, while general sales tax revenue was at $242.7 billion for 2012, up 2.9 percent from 2011. License tax revenue increased to $54.0 billion for 2012, up 4.7 percent from 2011. Individual income tax revenue, general sales tax revenue and license tax revenue comprised 72.6 percent of all state government tax collections nationally.

"These findings are the first to be released from the 2012 Census of Governments and provide an indicator of the fiscal health of our state governments and their ability to provide public services," said Lisa Blumerman, chief of the Census Bureau's Governments Division. (Figure 1)

These new statistics come from the 2012 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of all 50 state governments, including receipts from compulsory fees. This survey provides an annual summary of taxes collected by states which fall broadly into categories such as property taxes, sales and gross receipts taxes, license taxes and income taxes. Statistics are further broken down into 25 subcategories which cover collection on items such as motor fuel taxes, severance taxes and hunting license taxes. Tax revenues also include related penalty and interest receipts of the governments.

"The Census Bureau's state government tax collections data are an essential benchmark of state fiscal conditions," said Donald Boyd, a senior fellow at the Nelson A. Rockefeller Institute of Government at the State University of New York in Albany. "The latest data show that state tax revenue is continuing to recover, albeit slowly, from the depth of the recession."

Forty-seven states saw an increase in total tax revenue in fiscal year 2012, led by North Dakota (47.0 percent), Alaska (27.3 percent), Illinois (19.1 percent) and Connecticut (15.0 percent).

Among some of the findings from selected tax subcategories:

• States with the largest percentage increase in revenue from individual income taxes were Illinois (39.8 percent), Hawaii (23.5 percent), Oklahoma (16.3 percent) and Connecticut (13.9 percent).

Thank you for posting that, proving my point. Yes IL has more tax revenue. No, IL is not better off.
Because they have a spending problem. Which is something WI addressed.
You're an idiot. But we knew that.

Budget problems in the state of Illinois are severe, even after all the cuts of recent years, and even assuming the pension changes enacted in December survive a constitutional challenge.

Projections from several sources agree that Illinois faces a deficit of at least $4 billion in Fiscal Year 2016, and growing $0.5 to $1 billion each year after that. We at the University of Illinois’ Institute of Government and Public Affairs estimate the state budget deficit will reach $12.4 billion in Fiscal Year 2025.

Richard Dye: Balancing Illinois’ budget will be painful, guaranteed - Opinion - The State Journal-Register - Springfield, IL

 

[Pogo]

Nope, she was there last year.

Milwaukee is a shit city, I usually avoid it when driving to my summer place in Wisconsin. sadly, Walker is extending the shit to the whole state.

Again, you're making shit up. Milwaukee is thriving and Wisconsin has been rescued thanks to Scott Walker and conservative policy. From billions in debt to nearly $1 billion in surplus.

You're just pissed that Wisconsin proves you're ideology is ignorant and failed. What you want (no work and everything provided for you) creates Detroit and Cuba.

I find it comical that Pogo and Joe never add a source to back up their outrageous claims (then again, it's difficult to find sources for FALSE information).

I quoted your own post right back to you, and you're too damn stupid to admit you fucked up. Therefore, bite me, mister evacuate-Katrina-in-20-minutes.

 

[P@triot]

AND...

State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

Hows that working out in Illinois?

Census Bureau Reports State Government Tax Collections Reach High of Nearly $800 Billion in Fiscal Year 2012

Overall state government tax collections increased $34.3 billion from fiscal year 2011 to a record $794.6 billion in 2012, the U.S. Census Bureau reported today. The previous high for overall state tax collections was $779.7 billion in 2008. State tax revenue is up 13.0 percent from $703.4 billion in 2010, which was the lowest collected total since 2005. (State tax figures are represented as current whole dollars and are not adjusted for inflation.).

Overall state tax revenue on individual income was at $280.4 billion for 2012, up 8.1 percent from 2011, while general sales tax revenue was at $242.7 billion for 2012, up 2.9 percent from 2011. License tax revenue increased to $54.0 billion for 2012, up 4.7 percent from 2011. Individual income tax revenue, general sales tax revenue and license tax revenue comprised 72.6 percent of all state government tax collections nationally.

"These findings are the first to be released from the 2012 Census of Governments and provide an indicator of the fiscal health of our state governments and their ability to provide public services," said Lisa Blumerman, chief of the Census Bureau's Governments Division. (Figure 1)

These new statistics come from the 2012 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of all 50 state governments, including receipts from compulsory fees. This survey provides an annual summary of taxes collected by states which fall broadly into categories such as property taxes, sales and gross receipts taxes, license taxes and income taxes. Statistics are further broken down into 25 subcategories which cover collection on items such as motor fuel taxes, severance taxes and hunting license taxes. Tax revenues also include related penalty and interest receipts of the governments.

"The Census Bureau's state government tax collections data are an essential benchmark of state fiscal conditions," said Donald Boyd, a senior fellow at the Nelson A. Rockefeller Institute of Government at the State University of New York in Albany. "The latest data show that state tax revenue is continuing to recover, albeit slowly, from the depth of the recession."

Forty-seven states saw an increase in total tax revenue in fiscal year 2012, led by North Dakota (47.0 percent), Alaska (27.3 percent), Illinois (19.1 percent) and Connecticut (15.0 percent).

Among some of the findings from selected tax subcategories:

• States with the largest percentage increase in revenue from individual income taxes were Illinois (39.8 percent), Hawaii (23.5 percent), Oklahoma (16.3 percent) and Connecticut (13.9 percent).

And isn't that funny how that just happens to coincide with even liberal states turning to conservatives after Obama and the Dumbocrats the world economy?

Wisconsin turned to Scott Walker. Ohio turned to John Kasich. Kansas turned to Sam Brownback. Michigan turned to Rick Snyder. Mississippi turned to Phil Bryant. New Jersey turned to Chris Christie. The list goes on and on and on.

Dumbocrats took such an epic ass-beating in the 2010 mid-terms because the nation realized Obama was tanking the economy and turned to Republicans to at least cushion that blow and have decent economies at the state level (ie low state taxes, low state regulations). Then, after complete failure, Obama and the Dumbocrats like BG here try to take credit for the conservative policies.

It's funny how these buffoons hate conservatism but sure try to take all the credit for what it produces...

 

[JoeB131]

[

Well duh! Considering the state is overwhelmingly liberal, I'm shocked that 90% of the state doesn't hate him. That doesn't change the fact that the state went from a Dumbocrat failed shit-hole of $6 billion in debt with 9% unemployment to a thriving prosperity of nearly $1 billion surplus and 6% unemployment thanks to sound and proven conservative policy.

Half the state hates him because they can no longer sit on their ass and receive handouts. They actually have to contribute to society. Gasp!

No, they hate him because he's gutted services to give presents to his rich friends...

 

[P@triot]

Hey pea brain, did you forget already? It has NOTHING to do with 'conservative policy'.

All Walker's voodoo scheme will create is DEFICITS and DEBT down the road.

Let's get to the REAL truth...

Deficit turned surplus*

In January 2014, the nonpartisan Wisconsin Legislative Fiscal Bureau projected the state would have a $1 billion surplus at the end of the two-year budget period covering July 2013 to July 2015 -- almost all of it because tax collections are rising faster than expected. That helped back up a frequent Walker boast that he has turned state finances around.

But there is arguably an asterisk to the boast.

Also in January 2014, the Wisconsin Democratic Party stated: "The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

We rated the statement True. State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

Of course they stated that stupid, they are desperate to cover up the success of conservative policy out of fear that they might have to actually get up off of their lazy asses and contribute to society.

It is fall down hilarious that the Wisconsin Dumbocrat Party states something and you swallow it down as fast as they feed it to you. Who cares what they say? They are bunch of buffoons who spent Wisconsin $6 billion into debt and now they are trying to cover up their failed policies.

You are right, who cares what the Democrats say... the FACTS are THIS:

In January 2014, the nonpartisan Wisconsin Legislative Fiscal Bureau projected the state would have a $1 billion surplus at the end of the two-year budget period covering July 2013 to July 2015 -- almost all of it because tax collections are rising faster than expected. That helped back up a frequent Walker boast that he has turned state finances around.

And why are "tax collections rising faster than expected"? Because more people are back to work. And why are more people back to work. Because the state of Wisconsin grew tired of the misery and poverty of Dumbocrat policy and elected a Republican who has replaced liberal trickle-up-poverty with conservative policies that create wealth and prosperity. Here is what he did:

• Created a state commission on waste, fraud, and abuse which ultimately identified $400 million in savings for the Wisconsin tax payer
  
  
• Eliminated taxes on HSA's (good for business and good for healthcare)
  
  
• Signed bill into law requiring 2/3 majority vote to raise income taxes or sales taxes in Wisconsin (bringing stability and piece of mind to business owners - allowing them to better plan, expand, and invest in their business...and it also attracts additional businesses from other states)
  
  
• Signed balanced budget into law
  
  
• Signed conceal carry law (making Wisconsin safer - which attracts business, attracts customers, and lowers insurance costs on businesses)
  
  
• Increased the Jobs Now Tax Credit
  
  
• Signed Executive Order #61 which further enforced and expanded 2011 Wisconsin Act 46 (which protects small business from government regulations)

In short, he created an environment for business to thrive and prosper. And when businesses thrive and prosper, people thrive and prosper thanks to the jobs. It's not rocket science. Dumbocrats understand it too. They just don't want to have to work. So they support policies which destroys jobs and business.

 

[Bfgrn]

Hows that working out in Illinois?

Census Bureau Reports State Government Tax Collections Reach High of Nearly $800 Billion in Fiscal Year 2012

Overall state government tax collections increased $34.3 billion from fiscal year 2011 to a record $794.6 billion in 2012, the U.S. Census Bureau reported today. The previous high for overall state tax collections was $779.7 billion in 2008. State tax revenue is up 13.0 percent from $703.4 billion in 2010, which was the lowest collected total since 2005. (State tax figures are represented as current whole dollars and are not adjusted for inflation.).

Overall state tax revenue on individual income was at $280.4 billion for 2012, up 8.1 percent from 2011, while general sales tax revenue was at $242.7 billion for 2012, up 2.9 percent from 2011. License tax revenue increased to $54.0 billion for 2012, up 4.7 percent from 2011. Individual income tax revenue, general sales tax revenue and license tax revenue comprised 72.6 percent of all state government tax collections nationally.

"These findings are the first to be released from the 2012 Census of Governments and provide an indicator of the fiscal health of our state governments and their ability to provide public services," said Lisa Blumerman, chief of the Census Bureau's Governments Division. (Figure 1)

These new statistics come from the 2012 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of all 50 state governments, including receipts from compulsory fees. This survey provides an annual summary of taxes collected by states which fall broadly into categories such as property taxes, sales and gross receipts taxes, license taxes and income taxes. Statistics are further broken down into 25 subcategories which cover collection on items such as motor fuel taxes, severance taxes and hunting license taxes. Tax revenues also include related penalty and interest receipts of the governments.

"The Census Bureau's state government tax collections data are an essential benchmark of state fiscal conditions," said Donald Boyd, a senior fellow at the Nelson A. Rockefeller Institute of Government at the State University of New York in Albany. "The latest data show that state tax revenue is continuing to recover, albeit slowly, from the depth of the recession."

Forty-seven states saw an increase in total tax revenue in fiscal year 2012, led by North Dakota (47.0 percent), Alaska (27.3 percent), Illinois (19.1 percent) and Connecticut (15.0 percent).

Among some of the findings from selected tax subcategories:

• States with the largest percentage increase in revenue from individual income taxes were Illinois (39.8 percent), Hawaii (23.5 percent), Oklahoma (16.3 percent) and Connecticut (13.9 percent).

Thank you for posting that, proving my point. Yes IL has more tax revenue. No, IL is not better off.
Because they have a spending problem. Which is something WI addressed.
You're an idiot. But we knew that.

Budget problems in the state of Illinois are severe, even after all the cuts of recent years, and even assuming the pension changes enacted in December survive a constitutional challenge.

Projections from several sources agree that Illinois faces a deficit of at least $4 billion in Fiscal Year 2016, and growing $0.5 to $1 billion each year after that. We at the University of Illinois’ Institute of Government and Public Affairs estimate the state budget deficit will reach $12.4 billion in Fiscal Year 2025.

Richard Dye: Balancing Illinois’ budget will be painful, guaranteed - Opinion - The State Journal-Register - Springfield, IL

Hey Einstein, without Illinois's huge increase in tax revenue from a national economic recovery, would Illinois be better off or worse off with less revenue...

Take you time...

 

[Bfgrn]

Of course they stated that stupid, they are desperate to cover up the success of conservative policy out of fear that they might have to actually get up off of their lazy asses and contribute to society.

It is fall down hilarious that the Wisconsin Dumbocrat Party states something and you swallow it down as fast as they feed it to you. Who cares what they say? They are bunch of buffoons who spent Wisconsin $6 billion into debt and now they are trying to cover up their failed policies.

You are right, who cares what the Democrats say... the FACTS are THIS:

In January 2014, the nonpartisan Wisconsin Legislative Fiscal Bureau projected the state would have a $1 billion surplus at the end of the two-year budget period covering July 2013 to July 2015 -- almost all of it because tax collections are rising faster than expected. That helped back up a frequent Walker boast that he has turned state finances around.

And why are "tax collections rising faster than expected"?

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

We rated the statement True. State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

 

[P@triot]

Again, you're making shit up. Milwaukee is thriving and Wisconsin has been rescued thanks to Scott Walker and conservative policy. From billions in debt to nearly $1 billion in surplus.

You're just pissed that Wisconsin proves you're ideology is ignorant and failed. What you want (no work and everything provided for you) creates Detroit and Cuba.

I find it comical that Pogo and Joe never add a source to back up their outrageous claims (then again, it's difficult to find sources for FALSE information).

I quoted your own post right back to you, and you're too damn stupid to admit you fucked up. Therefore, bite me, mister evacuate-Katrina-in-20-minutes.

Hey, don't blame me because you're lazy and disorganized. Prepared people can evacuate in under 20 minutes and still have time to make a snack.

What's even more comical is that we have these things called "satellites" that track storms for over a week in advance. You had days to evacuate and decided to take no action (typical of a liberal). Then you expect society to come in, rescue you, and then provide all of your wants and needs.

 

[P@triot]

You are right, who cares what the Democrats say... the FACTS are THIS:

In January 2014, the nonpartisan Wisconsin Legislative Fiscal Bureau projected the state would have a $1 billion surplus at the end of the two-year budget period covering July 2013 to July 2015 -- almost all of it because tax collections are rising faster than expected. That helped back up a frequent Walker boast that he has turned state finances around.

And why are "tax collections rising faster than expected"?

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

We rated the statement True. State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

So you're admitting that conservative policy put people back to work in Wisconsin - so much so that it has created "faster than expected" tax collections?

That was my point the whole time. Not sure why you wanted to argue with something you can't deny.

 

[P@triot]

Just one of many policies that Scott Walker implemented which lowered his states unemployment from 9% when he took office to it's current 6% (see, when you reward job creators instead of punishing them, you get the desired effect - more jobs):

Madison—At Tess Oral Health in Eau Claire today, Governor Walker signed legislation aimed at creating more jobs in the state. AB 1 increases the amount available for the Jobs Now Tax Credit.


“This bill enhances our efforts to put people in Wisconsin back to work. Job creation fuels the economy and will keep this state moving in the right direction.” Governor Walker said. “I would like to thank Rep. Mary Williams for her work on this important legislation.”


Under current law, employers who create jobs can claim the Jobs Now Tax Credit based on the wages paid to new employees and on certain training costs. The credit is 10% of qualified new employee wages or $10,000, whichever is less. To qualify, new jobs must pay annual wages of at least $20,000 or at least $30,000 depending on the classification of the municipality or county in which the new job is located. The employer must be certified by the Wisconsin Economic Development Corporation as eligible to claim the credit.


Current law dictates that the total amount that can be claimed for tax years beginning on or after January 1, 2012 and ending June 30, 2013 is limited to $14,500,000. This bill does not change that provision.


Beginning in the fiscal year 2013-14 and thereafter, this bill increases the maximum amount of credits that WEDC can allocate from $5,000,000 to $10,000,000.

Governor Walker Signs Legislation Expanding the Jobs Now Tax Credit | Office of the Governor - Scott Walker

 

[P@triot]

Madison - Governor Scott Walker today released five drafts of bills that are being introduced during the special session the Governor called to get Wisconsin working again. The five bills released would create a business and job friendly legal environment, make health savings accounts more affordable, grant income and franchise tax credits for businesses relocating to Wisconsin, expand the economic development tax credit, and make it more difficult to raises taxes.

“These five pieces of legislation will create a more stable tax and regulatory environment, so business owners can focus on growing jobs,” said Governor Scott Walker. “We look forward to partnering with the legislature to implement these and other legislation that will open Wisconsin for business.”

The legislation to create a more job friendly legal environment includes common-sense proposals like requiring plaintiffs to prove that damages were actually caused by a manufacturer’s product, and protecting retailers from liability for defects caused by manufacturers or distributors. The legislation would also require a plaintiff to prove that the defendant acted with intent to cause injury to collect punitive damages. The lawsuit reform bill will also discourage plaintiffs from filing frivolous claims, cap non-economic damages for medical malpractice, improve rules of evidence, and protect best practices peer review information from being subpoenaed.

The legislation to make health savings accounts more affordable would create a non-refundable tax credit for income deposited in a health savings account.

Legislation was also released that would exempt businesses from income and franchise taxes for two years for businesses that have done business in Wisconsin for ten years or more. The Governor also released legislation that would increase the amount available for economic development tax credits from $75 million to $100 million.

Lastly, legislation was released that would require 60 votes in the Assembly and 20 votes in the Senate to pass any bill that raises taxes.

Governor Walker Releases Five Pieces of Legislation to Get Wisconsin Working | Office of the Governor - Scott Walker

(And the best part is - liberals can't claim stuff like this doesn't work because it has )

 

[The Rabbi]

Census Bureau Reports State Government Tax Collections Reach High of Nearly $800 Billion in Fiscal Year 2012

Overall state government tax collections increased $34.3 billion from fiscal year 2011 to a record $794.6 billion in 2012, the U.S. Census Bureau reported today. The previous high for overall state tax collections was $779.7 billion in 2008. State tax revenue is up 13.0 percent from $703.4 billion in 2010, which was the lowest collected total since 2005. (State tax figures are represented as current whole dollars and are not adjusted for inflation.).

Overall state tax revenue on individual income was at $280.4 billion for 2012, up 8.1 percent from 2011, while general sales tax revenue was at $242.7 billion for 2012, up 2.9 percent from 2011. License tax revenue increased to $54.0 billion for 2012, up 4.7 percent from 2011. Individual income tax revenue, general sales tax revenue and license tax revenue comprised 72.6 percent of all state government tax collections nationally.

"These findings are the first to be released from the 2012 Census of Governments and provide an indicator of the fiscal health of our state governments and their ability to provide public services," said Lisa Blumerman, chief of the Census Bureau's Governments Division. (Figure 1)

These new statistics come from the 2012 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of all 50 state governments, including receipts from compulsory fees. This survey provides an annual summary of taxes collected by states which fall broadly into categories such as property taxes, sales and gross receipts taxes, license taxes and income taxes. Statistics are further broken down into 25 subcategories which cover collection on items such as motor fuel taxes, severance taxes and hunting license taxes. Tax revenues also include related penalty and interest receipts of the governments.

"The Census Bureau's state government tax collections data are an essential benchmark of state fiscal conditions," said Donald Boyd, a senior fellow at the Nelson A. Rockefeller Institute of Government at the State University of New York in Albany. "The latest data show that state tax revenue is continuing to recover, albeit slowly, from the depth of the recession."

Forty-seven states saw an increase in total tax revenue in fiscal year 2012, led by North Dakota (47.0 percent), Alaska (27.3 percent), Illinois (19.1 percent) and Connecticut (15.0 percent).

Among some of the findings from selected tax subcategories:

• States with the largest percentage increase in revenue from individual income taxes were Illinois (39.8 percent), Hawaii (23.5 percent), Oklahoma (16.3 percent) and Connecticut (13.9 percent).

Thank you for posting that, proving my point. Yes IL has more tax revenue. No, IL is not better off.
Because they have a spending problem. Which is something WI addressed.
You're an idiot. But we knew that.

Budget problems in the state of Illinois are severe, even after all the cuts of recent years, and even assuming the pension changes enacted in December survive a constitutional challenge.

Projections from several sources agree that Illinois faces a deficit of at least $4 billion in Fiscal Year 2016, and growing $0.5 to $1 billion each year after that. We at the University of Illinois’ Institute of Government and Public Affairs estimate the state budget deficit will reach $12.4 billion in Fiscal Year 2025.

Richard Dye: Balancing Illinois’ budget will be painful, guaranteed - Opinion - The State Journal-Register - Springfield, IL

Hey Einstein, without Illinois's huge increase in tax revenue from a national economic recovery, would Illinois be better off or worse off with less revenue...

Take you time...

Doesn't matter, genius. Illinois is a clusterfuck because the Democrats there don't know what "cut spending" means. So however much more money they take in, they spend that and more. Thus the problem.

Now back to your snide question: in fact IL is worse off. I would bet the "temporary" tax increase failed to balance the budget, as they claimed it would do. I know this because Quinn now wants to make it permanent. Tax increases never balance a budget. Never.

 

[Pogo]

I find it comical that Pogo and Joe never add a source to back up their outrageous claims (then again, it's difficult to find sources for FALSE information).

I quoted your own post right back to you, and you're too damn stupid to admit you fucked up. Therefore, bite me, mister evacuate-Katrina-in-20-minutes.

Hey, don't blame me because you're lazy and disorganized. Prepared people can evacuate in under 20 minutes and still have time to make a snack.

What's even more comical is that we have these things called "satellites" that track storms for over a week in advance. You had days to evacuate and decided to take no action (typical of a liberal). Then you expect society to come in, rescue you, and then provide all of your wants and needs.

You are a flaming retard.

You claimed in that thread that NOAA warned of Katrina before it even formed. And I said in the same thread that I evacuated. We had hours, not days, but we used them. Then you claimed you would have done it in 20 minutes, which is as horseshit as the rest of your endless stream of textual diarrhea.

Facts are stubborn things, Buttsoiler. As always your head is up your ass on every point. Like this trillion dollar Wisconsin surplus.

 

[Bfgrn]

And why are "tax collections rising faster than expected"?

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

We rated the statement True. State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

So you're admitting that conservative policy put people back to work in Wisconsin - so much so that it has created "faster than expected" tax collections?

That was my point the whole time. Not sure why you wanted to argue with something you can't deny.

Are you being that disingenuous or are you THAT obtuse? A widespread recovery in tax revenues among the states is because of the Governor of ONE state?

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

 

[Bfgrn]

Thank you for posting that, proving my point. Yes IL has more tax revenue. No, IL is not better off.
Because they have a spending problem. Which is something WI addressed.
You're an idiot. But we knew that.

Richard Dye: Balancing Illinois’ budget will be painful, guaranteed - Opinion - The State Journal-Register - Springfield, IL

Hey Einstein, without Illinois's huge increase in tax revenue from a national economic recovery, would Illinois be better off or worse off with less revenue...

Take you time...

Doesn't matter, genius. Illinois is a clusterfuck because the Democrats there don't know what "cut spending" means. So however much more money they take in, they spend that and more. Thus the problem.

Now back to your snide question: in fact IL is worse off. I would bet the "temporary" tax increase failed to balance the budget, as they claimed it would do. I know this because Quinn now wants to make it permanent. Tax increases never balance a budget. Never.

SO...less tax revenue would make the budget gap better, not worse.

Sure sounds like the same retard...

"People are not on unemployment for 2 years because there are no jobs. There are no jobs because people are on unemployment for 2 years."

 

[Bfgrn]

Just one of many policies that Scott Walker implemented which lowered his states unemployment from 9% when he took office to it's current 6% (see, when you reward job creators instead of punishing them, you get the desired effect - more jobs):

Madison—At Tess Oral Health in Eau Claire today, Governor Walker signed legislation aimed at creating more jobs in the state. AB 1 increases the amount available for the Jobs Now Tax Credit.


“This bill enhances our efforts to put people in Wisconsin back to work. Job creation fuels the economy and will keep this state moving in the right direction.” Governor Walker said. “I would like to thank Rep. Mary Williams for her work on this important legislation.”


Under current law, employers who create jobs can claim the Jobs Now Tax Credit based on the wages paid to new employees and on certain training costs. The credit is 10% of qualified new employee wages or $10,000, whichever is less. To qualify, new jobs must pay annual wages of at least $20,000 or at least $30,000 depending on the classification of the municipality or county in which the new job is located. The employer must be certified by the Wisconsin Economic Development Corporation as eligible to claim the credit.


Current law dictates that the total amount that can be claimed for tax years beginning on or after January 1, 2012 and ending June 30, 2013 is limited to $14,500,000. This bill does not change that provision.


Beginning in the fiscal year 2013-14 and thereafter, this bill increases the maximum amount of credits that WEDC can allocate from $5,000,000 to $10,000,000.

Governor Walker Signs Legislation Expanding the Jobs Now Tax Credit | Office of the Governor - Scott Walker

Sounds like some good ideas. But I didn't know Andrew Cuomo was a conservative...

Jobs for NYers

Over the last two years, New York State has created more than 300,000 new private sector jobs, and has welcomed 20,000 new small businesses in the past year alone. This year’s on-time, balanced budget continues to grow the economy by cutting taxes for small businesses and middle class families, investing further in our successful Regional Economic Development Councils, and funding initiatives to match and train our workforce for the jobs of tomorrow.

This session produced one of the most aggressive economic development agendas in our state’s history, including:

• START-UP NY: Groundbreaking jobs program designed to jump start the upstate economy through tax-free communities linked to State University of New York (SUNY) and private college campuses. Click here to read more.

• High-tech Job Programs: Innovative “Hot Spot” incubator program and the Venture Capital Fund will help to better commercialize our state’s ideas and innovations and create businesses to transform the face of job creation in New York.

• Upstate NY Jobs From Gaming: If passed by voters in November, world-class destination gaming resorts will drive economic growth by attracting tourists, generating economic activity for local businesses, and creating thousands of good-paying jobs. Click here to read more.

• Reducing Taxes on Businesses and Families: Nearly $800 million in tax relief for New York businesses over the next three years, and provides relief for middle class families with a targeted tax credit of $350 per year for three years, beginning in 2014.

• Financial Assistance for Local Governments: Establishes a Financial Restructuring Board for local governments & reforms the binding arbitration to help eligible distressed cities and local governments manage their finances and provide public services in a more cost-effective manner.

Other critical economic reforms in this year’s budget include:

• Hiring Tax Credits: To help New York's returning soldiers and young people find work, the Budget includes a permanent tax credit for the hiring of Veterans, and $181 million in tax credits over three years for businesses that hire youth.

• Reducing Costs and Red Tape for Businesses: To reduce the crushing burden of unemployment insurance and workers’ compensation, the Budget modernizes and simplifies both systems to provide employers $1.3 billion in savings without affecting workers' benefits.

• Workforce Training for Job Openings: New York's workforce training is from a different era and a generic job training program does not fit today's economy. The Budget capitalizes on the opportunity of an estimated 210,000 unfilled jobs in the state by including $5 million for theNext Generation Job Linkage Program that works with employers to: identify the job; define the skill; and provide the training for it.

• Protecting the Environment and Creating Green Jobs: The Budget increases support for the Environmental Protection Fund and the Cleaner, Greener Communities program, to launch new projects across the state that both create green jobs and protect New York's natural environment.

• Building on the Success of the Regional Councils: The Budget includes a third round of the Regional Economic Development Councils including $150 million in new funding and $70 million in tax credits.

 

[P@triot]

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

We rated the statement True. State budget watchers confirmed a widespread recovery in tax revenues among the states as the nation continues to edge out of the Great Recession.

So you're admitting that conservative policy put people back to work in Wisconsin - so much so that it has created "faster than expected" tax collections?

That was my point the whole time. Not sure why you wanted to argue with something you can't deny.

Are you being that disingenuous or are you THAT obtuse? A widespread recovery in tax revenues among the states is because of the Governor of ONE state?

"The national economic recovery has led to higher than expected tax revenues and projected budget surpluses in nearly every state in the nation, including Wisconsin."

My apology - I did not read that as states - I read it as state (as in one, as in Wisconsin).

In any case, this only reaffirms what I already pointed out. That once Obama and the Dumbocrats collapsed the world economy, the American people turned to Republicans and conservative policy to keep the U.S. afloat. It's no coincidence that all of this "better than expected tax collections" occured after the 2010 mid-term ass-kickings in which conservatives overwhelmingly won state and local elections.

 

[P@triot]

Just one of many policies that Scott Walker implemented which lowered his states unemployment from 9% when he took office to it's current 6% (see, when you reward job creators instead of punishing them, you get the desired effect - more jobs):

Madison—At Tess Oral Health in Eau Claire today, Governor Walker signed legislation aimed at creating more jobs in the state. AB 1 increases the amount available for the Jobs Now Tax Credit.


“This bill enhances our efforts to put people in Wisconsin back to work. Job creation fuels the economy and will keep this state moving in the right direction.” Governor Walker said. “I would like to thank Rep. Mary Williams for her work on this important legislation.”


Under current law, employers who create jobs can claim the Jobs Now Tax Credit based on the wages paid to new employees and on certain training costs. The credit is 10% of qualified new employee wages or $10,000, whichever is less. To qualify, new jobs must pay annual wages of at least $20,000 or at least $30,000 depending on the classification of the municipality or county in which the new job is located. The employer must be certified by the Wisconsin Economic Development Corporation as eligible to claim the credit.


Current law dictates that the total amount that can be claimed for tax years beginning on or after January 1, 2012 and ending June 30, 2013 is limited to $14,500,000. This bill does not change that provision.


Beginning in the fiscal year 2013-14 and thereafter, this bill increases the maximum amount of credits that WEDC can allocate from $5,000,000 to $10,000,000.

Governor Walker Signs Legislation Expanding the Jobs Now Tax Credit | Office of the Governor - Scott Walker

Sounds like some good ideas. But I didn't know Andrew Cuomo was a conservative...

Jobs for NYers

Over the last two years, New York State has created more than 300,000 new private sector jobs, and has welcomed 20,000 new small businesses in the past year alone. This year’s on-time, balanced budget continues to grow the economy by cutting taxes for small businesses and middle class families, investing further in our successful Regional Economic Development Councils, and funding initiatives to match and train our workforce for the jobs of tomorrow.

This session produced one of the most aggressive economic development agendas in our state’s history, including:

• START-UP NY: Groundbreaking jobs program designed to jump start the upstate economy through tax-free communities linked to State University of New York (SUNY) and private college campuses. Click here to read more.

• High-tech Job Programs: Innovative “Hot Spot” incubator program and the Venture Capital Fund will help to better commercialize our state’s ideas and innovations and create businesses to transform the face of job creation in New York.

• Upstate NY Jobs From Gaming: If passed by voters in November, world-class destination gaming resorts will drive economic growth by attracting tourists, generating economic activity for local businesses, and creating thousands of good-paying jobs. Click here to read more.

• Reducing Taxes on Businesses and Families: Nearly $800 million in tax relief for New York businesses over the next three years, and provides relief for middle class families with a targeted tax credit of $350 per year for three years, beginning in 2014.

• Financial Assistance for Local Governments: Establishes a Financial Restructuring Board for local governments & reforms the binding arbitration to help eligible distressed cities and local governments manage their finances and provide public services in a more cost-effective manner.

Other critical economic reforms in this year’s budget include:

• Hiring Tax Credits: To help New York's returning soldiers and young people find work, the Budget includes a permanent tax credit for the hiring of Veterans, and $181 million in tax credits over three years for businesses that hire youth.

• Reducing Costs and Red Tape for Businesses: To reduce the crushing burden of unemployment insurance and workers’ compensation, the Budget modernizes and simplifies both systems to provide employers $1.3 billion in savings without affecting workers' benefits.

• Workforce Training for Job Openings: New York's workforce training is from a different era and a generic job training program does not fit today's economy. The Budget capitalizes on the opportunity of an estimated 210,000 unfilled jobs in the state by including $5 million for theNext Generation Job Linkage Program that works with employers to: identify the job; define the skill; and provide the training for it.

• Protecting the Environment and Creating Green Jobs: The Budget increases support for the Environmental Protection Fund and the Cleaner, Greener Communities program, to launch new projects across the state that both create green jobs and protect New York's natural environment.

• Building on the Success of the Regional Councils: The Budget includes a third round of the Regional Economic Development Councils including $150 million in new funding and $70 million in tax credits.

In other words, after hemorrhaging jobs to other states, New York has now turned to conservative policy to solve the problem their Dumbocrats created...

 

[P@triot]

SO...less tax revenue would make the budget gap better, not worse.

Sure sounds like the same retard...

Says the guy who believes more spending would somehow make the budget gap better, not worse....