Gov. Walker Wants to Eliminate the Income Tax

Quote:

“There are many states that do very well, better than most states in the country, that have no income taxes,” Walker told reporters during a stop at his Northern Economic Development Summit. “That’s one thing for us to look at. Is that feasible? What would that mean in terms of an economic boost? That’s not only for individuals, but small businesses in this state.”

My issue with this is that states have to balance the budget, so services will have to get cut in concert. I doubt he’s going to finance the tax cut with debt…

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