Libertarian Party of Wisconsin
Press Release

Libertarian Party of Wisconsin Demands Less Theft

 

By - Jan 31st, 2025 09:27 am

In their recent, revised estimates, Wisconsin’s Legislative Fiscal Bureau (LFB) has increased their estimation in regards to the state’s budget surplus. In the report released earlier this week, the LFB now expects a surplus in the 2024-25 fiscal year of $4.27 billion. This is due, in part, to an increase of tax collection estimates. That collection estimate is up to $894.3 million.

“Our analysis indicates that for the three-year period, aggregate general fund tax collections will be higher ($894.3 million) than those of the November 20, 2024, report ($239.6 million in 2024-25, $355.2 million in 2025-26, and $299.5 million in 2026-27).” – LFB report from January 29, 2025

The Libertarian Party of Wisconsin (LPWI) insists that the Wisconsin Legislature address these estimations. Reducing tax rates now would allow all Wisconsin taxpayers to keep their money instead of having to go through the bureaucratic nightmare that is getting refunded by the Legislature after the fact. Not only will it allow the taxpayers to use that retained wealth in a timely manner, it is much more cost efficient by not having to involve the bureaucratic leviathan in Madison.

Let the taxpayers keep their money so they can survive the inflationary mess that has been hoisted upon them by governmental incompetence.

For more on the Libertarian Party of Wisconsin, please visit www.lpwi.org.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.

Mentioned in This Press Release

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