It's only 1/3 of a year, but things seem to be decent in the revenue-collection area for the State
Individual income tax up 4.1% over last year;
Corporate income tax up 1.5% over last year;
Sales/Use tax up 3.8% over last year; and
"Other" up 139% over last year.
Not bad.
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ReplyDeleteCheck out the October collections (after Walker policies are put in place) part of the chart:
ReplyDeleteSource/Change from last year
Individual/+31.4%
Corporate/-45.9%
You HAVE heard of "quarterly filings," Jim?
ReplyDeleteYes, I realize these are based on the fiscal year, but that's neither here nor there.
ReplyDeleteRemember that Harley is no longer paying the Doylie Tax, and that LLP's are replacing corporations.
ReplyDeleteAlso--and this could be significant--any incorporated builder (home or commercial) is not paying much in taxes these days.