Preserving Wisconsin Communities
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Preserving Wisconsin Communities during tough economic times.
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Preserving Wisconsin Communities
- 1. Preserving Wisconsin Communities … during tough economic times Community Forum December 12, 2010 Institute for Wisconsin’s Future (414) 967-1682 wisconsinsfuture.org
- 2. Public structures support our quality of life We understand and appreciate that what breathes life and hope and happiness into our ‘homes’ is the quality of our neighborhoods, jobs, schools, parks, services, medical care, and transportation. Wisconsin Realtors Association
- 3. Government paves the way for economic growth through public structures Port of Milwaukee Mitchell Airport Sewage System Highway system Milwaukee Area Tech College Sanitation system
- 4. Balanced taxes from different sources build and sustain strong public structures
- 5. Public transport... Protecting natural resources Garbage services Parks and recreation. State revenue shortfalls for the past decade have led to cuts in... Education funding
- 8. Stimulus spending didn’t cause the deficit
- 9. The Recovery Act prevented a full-fledged depression in America, using millions of economic sandbags to protect communities from going under Road Repair School Rehab Funds for DAs Food Stamps More UI for 99 Weeks Tax Cuts Funds for Teachers Business Loans Buses and Trains Energy Savings Rehab River Clean Up Health Care Cash for Clunkers Farm Aid Aid for Elderly Medical Research School Loans Improve Airports Child Protection Vet’s Aid $$ for Police Housing for Disabled
- 10. 2010 election results reflect the popular disconnect between taxes and the public good
- 11. The stimulus money is almost gone and communities are heading for a funding cliff in 2011-2013 Wisconsin faces a $3 billion deficit for 2011-12. The decisions made by state leaders in the coming months can protect or hurt communities across the state.
- 12. New state leaders wants to cut spending and taxes – a recipe for disaster Tax cuts and reduced revenue = greater deficit Bigger deficit = more cuts in program and staffing More cuts= higher unemployment, slower growth and less tax revenue
Notes de l'éditeur
- This is about accountable state govt We can’t get to the heart of the budget crisis if we don’t define the problem appropriately and carry that narrative into policy debates. The person who defines “the problem” defines the solutions.
- Tax system was designed well, 40-50 years ago and was designed to be in balance. What’s happened and economy’s changed and now it’s no longer in balance. Regain health of public structures. % of WI General Fund Taxes That Comes From… 1988 1997 2007 Individual Income Tax 44.2% 51.7% Sales & Use Tax 33.7% 32.5% Corporate Tax 8.8% 7.3% 6.4%
- So HOW DO WE TAKE BACK THE NARRATIVE? HOW DO WE CREATE A FRAME THAT LEADS THE LISTENER TO THE POLICY SOLUTIONS WE SEEK? WE START WITH THE CAUSE OF THE GREAT RECESSION – WHO IS RESPONSIBLE?
- In February, 2009 the President worked with Congress to pass the American Recovery and Reinvestment Act – the stimulus bill. This legislation allowed the federal government to invest $800 billion in states for 2009-2010 to prevent a complete collapse of the economy. Over one third went straight to Americans pocketbooks through tax cuts and direct financial aid. Billions went to prop up vital infrastructure and services that allow communities to function and prepare for recovery.