Badgernet.org

The following two headlines appeared side-by-side in most Wisconsin papers recently:

Legislature and Governor Agree to Double Capital Gains Tax (Other Taxes and Fees up over $3 Billion)

And …

GM Will Not Re-open Janesville Auto Plant (Kenosha Engine Plant among other companies still on the bubble)

Most of us know that businesses, especially small businesses, rely on capital gains incentives to power their investments in their workers and the community. Small business owners also use these long-term tax rates to provide income in retirement that is inflation-protected. If the irony of these two headlines is lost on our State’s citizens and politicians, its time to re-visit the creation of the State of “Superior”, which would carve out the people of common sense, leaving the insatiable redistributionists behind (maybe a virtual State?).

In the 18th century, we the people of the fledgling United States were fodder for the voracious tax appetite of Parliament. We were also subject to the capricious will of a sovereign monarch who was not constrained either by precedent or the Rule of Law. Then we had a revolution, followed by almost 290 years of a democratically-elected representative republic anchored by  a seemingly bullet-proof Constitution.

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