Blog Posts by Tamarine Cornelius
A new tax break that has cost much more than originally anticipated has resulted in enormous tax breaks for the very wealthiest, according to a new report from the Wisconsin Budget Project.
The Manufacturing and Agriculture Credit nearly wipes … Read more
Summer is almost here, and children will be out of school – but many of them will still have access to free or reduced-price meals through a program that helps students get their nutritional needs met during the summer months.… Read more
Wisconsin’s middle class, while still one of the largest in the country, is shrinking. Most of the loss has occurred as people fell out of the middle class to the lower income tier, rather than climbing into the upper tier.… Read more
Governor Walker has delayed a payment on the state’s debt, pushing costs off into the future and increasing the amount of interest the state will have to pay. Postponing debt payments can be a helpful tool to manage budget shortfalls, … Read more
Three years ago, Minnesota implemented a new, higher income tax bracket aimed at requiring wealthy Minnesotans to pay their fair share. Now, new figures show that the number of very rich taxpayers in the state increased in the period after … Read more
Wisconsin is committing a shrinking share of its resources for education to making sure that students have access to an excellent education regardless of whether they live in a poor community or a wealthy one.
The state funds about 62 … Read more
Data from Sean F. Reardon, Demetra Kalogrides, Andrew Ho, Ben Shear, Kenneth Shores, Erin Fahle. (2016). Stanford Education Data Archive. http://purl.stanford.edu/db586ns4974.… Read more
Regularly putting money into the state’s Rainy Day Fund during periods of sustained economic growth helps build up a budget cushion on which the state can rely to cushion the impact of recessions and avoid harmful budget cuts. But before … Read more