Reschovsky on Wisconsin Tax Freeze

Professor Andrew Reschovsky of the University of Wisconsin wrote a paper on the Bride of TABOR, The Taxpayer Protection Amendment: A Preliminary Analysis. Unlike the stuff coming out of the legislative hearings, this is sound research-based discussion:

This analysis demonstrates that a proposed amendment to Wisconsin's constitution to limit the annual growth of government revenue would reduce public services and harm economic development. If it had been enacted in 1985 and not changed, Wisconsin would have experienced a 30 percent decrease in its revenue from taxes, bonds and fees.

One of the fundamental points missed by the right-wing nuts is that taxes, when properly spent, stimulate the economy.  A simple example is the nation's transportation system.  The recent snowstorms in the Middle West and the Northeast demonstrate how an economy collapses when there is no transportation.  Let the Neocons have their way and that is what the transportation system will be like on a permanent basis.