Friday, July 1, 2011

The Walker Way

Budget serves up tax breaks for wealthiest Wisconsinites.

"Walker's budget creates two new provisions to provide income tax shelter for capital gains."

"The new exemptions will reduce revenues by $16.1 million in 2011-12 and $20.2 million in 2012-13. Once fully phased in by 2016, tax collections would fall by over $100 million annually."

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