Tuesday, March 22, 2011

Simple Math in Balancing the Budget

During this tax season, my family of five was returned nearly $700.  Instead, in order to address the state deficit, we should have been asked to contribute our fair share (consider that a union term) and should have received $550.

Problem solved.

According to the Wisconsin Taxpayers Alliance:

"Wisconsin has taken a first step on the way to enacting a new state budget for 2011-13. Preliminary revenue forecasts and agency spending requests were released recently, yielding deficit estimates of $1.5 billion."

According to this same politically conservative group:

"The total amount of state income tax refunds paid has hit all-time highs in each of the last nine years, including a record $1.86 billion paid to Wisconsin filers during 2009."
 
Simple enough solution:  Deny tax returns for one year.

Could it really be that easy?  Yes!

Everyone would contribute - those screaming for a balanced budget.
Everyone would contribute - those demanding fiscal responsibility.
Everyone would contribute - those expecting more equity and fairness from their government.

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