Thursday, September 06, 2012

Surprise: Wisconsin sees improved revenues to state coffers while "tax the rich" California and Illinois continue to implode

Here's a question for you Democrats reading along -- albeit very slowly: when, in all of human history, has "taxing the rich" ever succeeded?

Don't worry, I'll wait here while you check.

In the mean time, please consider "Wisconsin's Economy Surging Without Tax Increases."

The day after the nation's debt surpassed $16 trillion, Wisconsin officials announced their state took in more tax revenue than expected -- without raising taxes.

According to the Wisconsin Department of Revenue, tax collections increased 4.7 percent in fiscal year 2012 to $13.5 billion, beating the ... Legislative Fiscal Bureau’s February estimate by $320 million.

The MacIver Institute notes that when Gov. Scott Walker came into office in January of 2011, Wisconsin faced a $3.6 billion deficit.

After Walker’s reforms, especially those concerning public sector unions, and spending cuts, Wisconsin started going down the path toward fiscal solvency.

California and Illinois have taken an opposite tack: raise taxes on small businesses (you know, the evil "rich" who are generally small businesses that make over $200,000 in gross receipts and employ the lion's share of America's workers).

In Illinois, even the left-wing rag The Stuffington Roast admits that Barack Obama's home state has the worst budget deficit in the land, totaling a stunning $43.8 billion, despite a massive 60 percent hike in personal income taxes.

In California, the twice-failed Governor "Moonbeam" Brown is going for the trifecta. Despite massive tax hikes, the state is running a $6 billion annual deficit, its cities are declaring bankruptcy one after another, and the state pension system is in critical condition, having been raped by the malevolent, corrupt alliance of Democrats and their public sector union cronies.

So we know for a fact that raising taxes on "the rich" won't work. Yet Democrats -- without a shred of evidence -- continue to push for their destructive class warfare strategy. They know it won't work, which leads me to believe they are bound and determined to bring America to its economic knees.

The proper term for their deviant game-plan is "The Cloward-Piven Strategy". It's not a conspiracy theory. It's very real. And it's pure evil.

1 comment:

Anonymous said...

A projected 3.6 billion dollar deficit in WI? How cute.
Downstate Illinois conservative who needs to move to WI or IN.