Numbers in Wisconsin don't add up So they make total sense 2 the RIGHT.

Let's look at a few of the numbers and facts. And, remember folks! Keep an ear on the reason why this all came about according to Gov. Walker. 

"At least eight new or expanded state tax cuts and tax credits will go into effect at the beginning of 2011. These tax changes add up to an estimated $210 million cut in state taxes over the 2011-13 biennium"  

http://www.wisconsinbudgetproject.org/budgetproj_taxpubs.html

Wisconsin  is scheduled to receive the following socialist funds.

"Wisconsin will receive approximately $209 million from the federal government under H.R. 1586, a $26 billion plan to give states money for Medicaid and education that the President signed into law on August 10, 2010.[45]

Wisconsin was expected to receive $3.8 billion from the $787 billion dollar economic stimulus of 2009. [46] All told, the federal stimulus plan would create or save 70,000 jobs in Wisconsin, based on White House estimates. [47]
For more information on how the federal stimulus funds are being used in the state of Wisconsin, visit the state recovery website.

According to preliminary reports Wisconsin is expected to receive: [46]

$1.2 billion towards Medicaid
$107 million for the Clean Water State Revolving Fund
$529 million for highway funding
$81 million for transit
$27 million for homelessness prevention
$55 million towards the state energy program
$144 million towards weatherization
$9 million towards Head Start
$717 million towards the education stabilization fund
$180 million towards Title I education for the disadvantaged
$8 million for education technologyWisconsin will receive approximately $209 million from the federal government under H.R. 1586, a $26 billion plan to give states money for Medicaid and education that the President signed into law on August 10, 2010.[45]

During 2008, THE BOTTOM 95 percent (AGI under $159,619) PAID((((( 41.3)))))) percent of the total collected, a larger share than the 38.0 percent paid by the top 1 percent (AGI over $380,354)"

http://sunshinereview.org/index.php/Wisconsin_state_budget

The data source is the IRS Statistics of Income Division, which uses a national sample of tax returns to provide the figures used here. The figures above were taken from data that were labeled an "early release" by SOI in October 2010. The 2007 figures and those for years previous on this page above were taken from the final percentile data released by the IRS. Figures for 2008 may be subsequently revised.

So who is group behind these numbers? 

"The Tax Foundation was organized on December 5, 1937 in New York City by Alfred P. Sloan, Jr., Chairman of the General Motors Corporation; Donaldson Brown, GM Financial Vice President; William S. Farish, President of Standard Oil Company of New Jersey; and Lewis H. Brown, President of Johns-Manville Corporation, who later became the first Chairman of the Board of the Foundation.[11] The stated goal of the organization was "to monitor the tax and spending policies of government agencies".[12] Its offices were located at 50 Rockefeller Plaza and later 30 Rockefeller Plaza.
*.*

Ongoing Directors:
Wayne E. Gable pre-1999-current ((((((Koch Industries Dir. of Federal Affairs,))))))))) Citizens for a Sound Economy, Americans for Prosperity"

http://en.wikipedia.org/wiki/Tax_Foundation

Quick Facts about the Wisconsin Budget

"Based on the most recent national data (from 2008), Wisconsin ranked 27th in total state and local spending (measured as a percentage of income) Contrary to the perception that our state has a large government bureaucracy, 

Wisconsin ranked 43rd (8th lowest) in 2009 in the number of state employees relative to population, and 38th (13th lowest) in total state and local government employees relative to population  

Between the late 1980s and the mid-2000s: 

The average income of the poorest fifth of families did not change significantly.
The average income of the middle fifth of families increased by $6,583, from $46,706 to $53,288.
This is an increase of $387 per year. 

The average income of the richest fifth of families increased by $31,600, from $88,840 to $120,440. 

This is an increase of $1,859 per year."

http://epi.3cdn.net/0fabc8

dcc06146e681_dam6bh733.pdf 

 "In 2009, Wisconsin amended its tax policy to 
require combined reporting of corporate
income and expenses, joining 22 other states
that already had this policy. Some
policymakers are advocating for a repeal of combined reporting.
This change reduced the opportunity for
corporations to shift income to subsidiaries in
other states in an attempt to avoid corporate
income tax. Policymakers from a variety of
ideological backgrounds have advocated for
combined reporting, with then-Governor
Tommy Thompson first proposing the change
to the Legislature in 1999.
Re-opening this corporate tax loophole would
add roughly $100 million a year to the state’s
revenue shortfall."

http://www.wisconsinbudgetproject.org/combined_reporting_brief_01-2011.pdf


Walker repealed this and he also added this little gem and repealing this will save huge corporations bundles of money Thanks @GovyW

"Walker won approval of a program that would excuse relocated small businesses from part of their income tax liability by means of credits that can be carried forward to future years (presumably pushing the $67 million revenue cost forward as well). 

Another new law will allow the state department of commerce (not the state tax administrator) to award an additional $25 million of economic development credits, raising the cost of the existing program to $100 million over two years. The state also established a tax credit for health savings accounts."
http://blogs.forbes.com/leesheppard/2011/02/15/wisconsins-cheesy-tax-cuts/

Lets look at what has happen to states that have gone the route that Gov. Walker is running the state down.

"Only 5 states do not have collective bargaining for educators and have deemed it illegal. Those states and their ranking on ACT/SAT scores are as follows:

South Carolina -50th

North Carolina -49th
Georgia -48th

Texas -47th

Virginia -44th

Wisconsin, on the other hand, with its collective bargaining for teachers, is ranked 2nd in the country. "

http://moravings.blogspot.com/

After looking at the numbers and the results from where others have tried similar measures what I can say about this whole debate is that Gov. Walker is and fast rising star in the world of Voodoo Economics.  

"Laffer that Supply Curve"