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 Wisconsin Department of Revenue (DOR) has released general purpose revenue collections (state income, sales, excise, and corporate taxes) from June of fiscal year 2010. Compared to June of fiscal year 2009, collections during June fiscal year 2010 show the following:
Income tax collections are up 4.5 percent.
Sales tax collections are up 2.3 percent.
Corporate tax collections are down 8.2 percent.
Excise tax collections (cigarette, tobacco products) are up 18.7 percent.
General Purpose revenue collections are up 3.9 percent.
Collections to date show the following when fiscal year 2010 is compared to fiscal year 2009:
Income tax collections during fiscal year 2010 are down 2.2 percent compared to the year before.
Sales tax collections during fiscal year 2010 are down 3.9 percent compared to the year before.
Corporate tax collections during fiscal year 2010 are up 26.9 percent compared to the year before.
Excise tax collections during fiscal year 2010 are up 17. 2 percent compared to the year before.
The bottom line: Total General Purpose Revenue collections are flat so far during fiscal year 2010, having increased 0.0 percent compared to the year before.
Here are the numbers.
The economic recovery has yet to arrive. This is not a good time to go on a tax and spending spree.