State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
The nonpartisan Tax Foundation in
The latest rankings are out, with the #1 state being the best state to do business and #50 the worst. The Tax Foundation reports:
“The top 10 states in the 2010 Index, from 1st to 10th, are
“The blame for
The new tax bracket hurts the wealthy that invest and create jobs.
The Tax Foundation writes:
“The ideal tax system, whether at the local, state or federal level, is simple, transparent, stable, neutral to business activity, and pro-growth. In such an ideal system, individuals and businesses would spend a minimum amount of resources to comply with the tax system, understand the true cost of the tax system, base their economic decisions solely on the merits of the transactions,
without regard to tax implications, and not have the tax system impede their growth and prosperity.”
Here are key points made by the Tax Foundation:
- Taxes can have a significant impact on an individual’s decision to become a self-employed entrepreneur.
- Complex, poorly designed tax systems that extract an inordinate amount of tax revenue are known to reduce both the quantity and quality of the labor pool.
- Every state must raise revenue, and thus every state must tax. No state, however, needs to tax in a way that has significant adverse effects on the business climate. A state needs to continually strive for a tax system that is neutral and pro-growth. A neutral tax system is one in which specific economic activities are not targeted for exemptions or selective taxes. A pro-growth system will avoid excessive taxes and compliance costs on businesses.