Here is my full column that ran in the Washington County Daily News yesterday.

In a fitting coda to the two remarkable terms of Governor Scott walker, the Legislative Fiscal Bureau released a report last week showing that the preliminary general fund tax collections for fiscal year 2019 came in a whopping $702.6 million more than anticipated. Such a number demonstrates the remarkably good shape in which Walker left the state economy and the state’s finances.

When the Legislature and the governor write a budget, they have to estimate the amount of revenue that the various taxes will generate for the state. This estimate is based on the tax laws in place combined with economic forecasts. As with any estimate, the further one looks into the future, the less certainty there is with the number.

When the Legislature passed the previous biennial budget which just came to a close, they estimated that they would collect $16.6 billion in taxes including income taxes, sales taxes, corporate taxes, excise taxes, public utility taxes, and the other many and varied taxes extracted from the people of Wisconsin. Based on the preliminary data, the state actually collected $17.3 billion in taxes leaving a $700 million surplus. For a little historical perspective, the state of Wisconsin ended the fiscal year with more tax collections than expected in six of the eight Walker budget years.

This tax surplus gives us a few critical insights. First, it was not that long ago that Wisconsin’s budget was in an annual crisis with tax revenue falling short of projections. Coupled with overspending, Wisconsin had massive annual deficits. You might remember when Governor Walker first sat behind the governor’s desk, he was handed a massive budget deficit that required an immediate Budget Repair Bill, a.k.a Act 10. Governor Walker and the conservative Republican majorities in the Legislature, quickly righted the ship of state over the violent objections of the Democrats. Wisconsin has enjoyed budget surpluses ever since.

Second, recall that tax surpluses are simply a factor or the state collecting more than they estimated they would collect. These estimates have often been used in other states and in previous eras in Wisconsin to create phony budgets. Wisconsin must pass a balanced budget. Unlike the federal government, a state does not have the power to print money, so the state must account for every dollar spent.

In order to create the fiction of a balanced budget to support more spending, politicians will inflate tax revenue estimates for the budget. Then, when actual tax revenues fall short of the inflated estimates, the same politicians will enact new taxes or borrowing to pay the bills. It is a cynical method of budgeting by crisis. The consistency of the tax revenue surpluses during the Walker budgets show that the Republicans used responsible, conservative tax revenue estimates to create their budgets.

Third, the tax surplus is a result of the fact that Wisconsin’s economy is booming thanks in part to the economic policies Governor Walker and the Republican- led legislatures of recent years. Taxes are generated when money moves. Money moves when the economy is healthy. With more people employed in Wisconsin than ever before, businesses thriving, new construction happening everywhere, and people spending their higher incomes, the state of Wisconsin gets a slice of every dollar that moves.

As the Republicans cut taxes several times over the previous eight years, the money that people kept was put to good use in our economy, thus creating more wealth, more income, more spending, and, yes, more tax revenue. As has been demonstrated time and time again, when the tax burden is too heavy, cutting taxes always feeds more economic activity and results in more tax revenue. And the tax burden in Wisconsin is still far too heavy.

The one significant black mark on the Walker budget years is that while the state had budget surpluses, Walker and the Republicans still increased spending every single budget. And in the most recent budget, with Republicans controlling the Legislature and Governor Evers in power, the notion of any spending constraint was abandoned. At some point, the economy will enter a recession, tax revenues will collapse, and we will all regret that we failed to control spending during the good times.

My column for the Washington County Daily News is online and in print. Here’s the start:

In a fitting coda to the two remarkable terms of Governor Scott walker, the Legislative Fiscal Bureau released a report last week showing that the preliminary general fund tax collections for fiscal year 2019 came in a whopping $702.6 million more than anticipated. Such a number demonstrates the remarkably good shape in which Walker left the state economy and the state’s finances.

Here is my full column that ran in the Washington County Daily News yesterday.

Dear Gov. Scott Walker,

Like many Wisconsinites, I was truly disappointed to see the voters of our state decline to elect you for a third term. I can say with confidence that you have been the most transformational and important governor of my lifetime. We are all currently enjoying the fruits of your efforts with record employment, higher wages, lower taxes and so much more. While your accomplishments over two short terms number in the hundreds, if not thousands, I would like to highlight a few of your achievements for which I am personally particularly thankful.

I cannot begin any list like this without putting Act 10 at the top. In terms of transformational reforms, Act 10 ranks high. Not only did it put power back into the hands of local governments to serve their constituents without being choked by union contracts, but it also saved taxpayers billions of dollars in money that was being wantonly wasted. Thank you.

You managed to pull Wisconsin into the 21st century of civil rights by enacting concealed carry. As a matter of individual liberty, the concealed carry law is an important protection of our natural and civil right to keep and bear arms. It also has the additional benefit of allowing Wisconsinites to carry lethal force to protect themselves when the worst happens. Thank you.

Freezing tuition for all University of Wisconsin schools has a two-pronged benefit. First, it saved Wisconsinites thousands of dollars and made it more affordable for more kids to obtain a higher education. Second, it forced the UW System to economize — or at least think about economizing. Thank you.

I certainly am thankful for the lower taxes that you enacted. Lower income taxes and the complete elimination of the state property tax have helped my family and many others. Plus, lower taxes on businesses has had a positive impact on our state’s economy. Thank you.

As a hunter, conservationist and homeowner, I appreciate the new attitude that you engendered in the Department of Natural Resources and other state agencies. In the past, the DNR took an aggressive and adversarial stance with citizens in the enforcement of environmental regulations and wildlife management. Now the DNR works with citizens and businesses to help them comply with the law, thus leading to a better citizen experience and better environmental enforcement. Thank you.

The expansion of school choice to the entire state has been a tremendous blessing for families who were unable to choose a different school for their children when their children were unable to be successful in current public school — even if they could not afford it due to their financial circumstances. School choice has also helped shift the culture in many of our public schools to make them more accountable to the parents and children they serve. Thank you.

Persuading Foxconn to build their facility in Wisconsin was truly the culmination of all of your efforts to make Wisconsin a more attractive place for businesses to build and grow. The Foxconn factory and offices will be massive, but even more so all of the supporting businesses that are springing up. Foxconn is the largest economic development that you had a hand in, but it is only one of thousands of other economic successes blossoming in our state. Never in my lifetime did I think that Wisconsin would have more jobs than available workers, but we do. Thank you.

Finally, and I know this actually goes back to your tenure as the Milwaukee County executive, but every time I drive into General Mitchell International Airport, I am glad that I do not have to drive past a ridiculous colossal Blue Shirt on the side of the parking garage. Thank you.

As you ponder the end of this chapter of your public service career, I hope that you can look back with pride on what you have accomplished for millions of Wisconsinites and the generations to come. Your hard work and passion for the people of Wisconsin and your conservative principles have paid off. You weren’t just marking time. You made a difference.

My column in the Washington County Daily News today is a letter of thanks to Governor Walker. Click through to read the whole thing.

Dear Gov. Scott Walker,

Like many Wisconsinites, I was truly disappointed to see the voters of our state decline to elect you for a third term. I can say with confidence that you have been the most transformational and important governor of my lifetime. We are all currently enjoying the fruits of your efforts with record employment, higher wages, lower taxes and so much more. While your accomplishments over two short terms number in the hundreds, if not thousands, I would like to highlight a few of your achievements for which I am personally particularly thankful.