Following is the statement of Democratic Party of Wisconsin Chair Mike Tate in response to Tax Day claims by the Scott Walker campaign.
“Scott Walker is using Tax Day to advance a deceitful premise that is part of a job-losing shell game that raises the tax burden of working families and seniors.
“While it is true his unfunded state mandate imposed a property tax freeze on localities, he did this at the same time decimating state aid. This has led to layoffs and diminished services. Dozens of school districts and localities will have to increase local taxes, as well as hikes on fees.
“The real question is who Scott Walker thinks deserves a tax break — by his logic, the rich certainly do. But Walker’s tax giveaway of $2.3 billion are not merely without any targeted cuts for job creation, it is paid for through deep cuts in education, health care and other services and raising taxes on seniors and the working poor, to the tune of $70 million. This includes a $14 million increase resulting from the end of the Homestead Tax Credit, and a $56.2 million increase on low-wage workers.
“In other words, Scott Walker is willing to raise taxes on those least able to pay, give breaks to the super-rich and to coddle those corporations whose layoffs helped Scott Walker’s dubious achievement: Wisconsin led the nation in job loss in 2011.”
Scott Walker’s Budget Raised Taxes on Seniors, Working Families. These increases include a $14 million increase by reducing the Homestead Tax Credit, affecting 247,000 homeowners and renters, and a $56.2 million increase on low-wage workers with children as a result of cuts to the Earned Income Tax Credit. [“Estimated Fiscal Effects of General Fund Tax Provisions,” Legislative Fiscal Bureau, 6/9/11]
Scott Walker’s Budget Gives Away $2.3 Billion in Tax Cuts to the Wealthy. The Legislative Fiscal Bureau projects that Scott Walker’s tax giveaways will cost Wisconsin more than $2.3 billion in lost revenue over the next ten years. Most of these losses are a result of changes in Capital Gains and Combined Reporting – which benefit the highest wage earners and largest corporations in Wisconsin. [“Estimated Fiscal Effects of General Fund Tax Provisions,” Legislative Fiscal Bureau, 6/9/11]
Wisconsin Schools Forced to Seek Additional Tax Revenue, Lay Off Employees to Balance Budgets. Dozens of school districts seek referenda to exceed state-set limits on revenue for school operations in addition to or in lieu of laying off teachers and staff. [“With cuts, new rules, school districts face tough choices,” Milwaukee Journal Sentinel, 4/9/12]