That is the net per-capita annual tax increase in Jim Doyle’s Spendulus budget. Christian Schneider and the Wisconsin Policy Research Institute broke down all the tax changes, though I believe they grossly understated the oil tax.
Bonus item – give or take a few million, the $2,185,639,000 represents essentially the entire “structural” deficit portion of the $5,700,000,000 hole Doyle created for himself at the beginning of the year, with the remainder being previously-planned increases in spending.
Revisions/extensions (7:20 pm 2/18/2009) – Somewhere in the bloated reader, I read that the Doyle Spendulus budget still has an over-$2 billion structural deficit pushed over to the middle of 2011. So much for limiting spending.
R&E part 2 (8:47 pm 2/18/2009) – I should have known better than to trust the Craps numbers. They screwed up.
R&E part 3 (6:52 am 2/19/2009 – Speaking of screw-ups, I stuck an additional zero somewhere. Sorry about that.
One of Doyle’s aides screwed up and overstated the impact of the oil company tax. The $272 million is the correct number:
http://www.jsonline.com/blogs/news/39797697.html
Thanks. I should know better than to trust Doyle’s numbers.