So far Walker’s leadership has produced 58,700 (see Business Journal chart right) jobs since taking office or about 64 jobs per day. Most of the costs of his $11,987 daily expenses are being paid by people making $50,000 per year or less, while those making over $300,000 per year have gotten a cut in his last budget.
Expense being paid from taxes of those who make less than $300,000 per year
Gov. Scott Walker signed the $68 billion biennial Wisconsin state budget but, as critics of Walker’s budget noted, the wealthiest taxpayers will benefit the most. The budget that passed the Wisconsin legislature strictly on party lines, with Dale Schultz (SD-17), being the lone Republican dissenting vote against the budget, argued that the tax breaks favor wealthy tax payers in Wisconsin. Though everyone will see a cut in what they pay, people who make over $300,000 a year will receive a tax break three times larger than taxpayers making less than $50,000.
This is the opposite of what Minnesota has decided to do. Governor Mark Dayton signed a tax increase on the wealthiest earners in Minnesota to provide more revenue to the state.
- See more at: Up take
|
The Business Journals
Governor: Scott Walker
State: Wisconsin
Party: Republican
Took office: January 2011
Years in office*: 2.33
PRIVATE-SECTOR EMPLOYMENT TOTALS*
Total for state upon taking office: 2,328,400
Total for state now: 2,387,100
Total for other 49 states upon taking office: 105,479,800
Total for other 49 states now: 110,458,700
PRIVATE-SECTOR EMPLOYMENT GROWTH RATES
Annual rate for state since taking office: 1.07%
Annual rate for other 49 states since taking office: 2.00%
Difference (in percentage points): -0.93
Rank (of 45 governors*): 40
PRIVATE-SECTOR EMPLOYMENT CHANGES
Raw change for state since taking office: 58,700
Projected change for state at rate for other 49 states*: 109,900
Difference (in jobs): -51,200
Rank (of 45 governors*): 40
|