On the one hand: Minnesota hikes taxes two billion dollars. The “surplus” rises about $200 million over what the Republican majority in 2011-2012 left. The DFL majority is currently arguing not so much over how to spend the “surplus’, but how many times over it shall be spent.
On the not-stupid hand: Wisconsin under Scott Walker cut taxes. Wisconsin’s surplus is pushing a billion dollars. And the only argument in Wisconsin today is “how are the taxpayers going to get the overbilling back?”
“The additional revenue should be returned to taxpayers because it’s their money, and my administration will work with the Legislature to determine the most prudent course of action,” Walker said in a statement.
Walker has been talking with Republican leaders about tax cut proposals he plans to release in his State of the State speech next Wednesday. Walker’s spokeswoman Jocelyn Webster said the governor wants to adjust income tax withholding tables to put more money in taxpayers’ pockets immediately and is also eyeing income and property tax reductions.
It’d sure be nice to have grownups in charge in Minnesota again.
(VIa regular commenter Chuck)