Opponents of the WTPA are making much of the fact that it caps revenue increases through the use of the CPI rather than growth in personal income. This, oh horror, will result if government becoming a smaller part of the state's economy. We ought to at least ensure that government gets a stable share of state income, need it or not.
There seems to be some dispute over whether state and local spending has outstripped the growth in personal income. Reschovsky argues that state revenues have declined as a percentage of personal income (although a more reasonable way of putting it is that it increased, declined and has now more or less returned to the 1985 level). A 2004 study by Richard Chandler for the Wisconsin Policy Research Institute, on the other hand, claims that state and local spending increased as a percentage of personal income between 1986 and 2002.
The idea that government is "entitled" to a constant share of personal income is problematic. Generally, in managing personal and organizational finances, one tries to reduce all expenses as a percentage of income. But this is a thought experiment, so let's put that aside.
What if the WTPA allowed revenue increases commensurate with the growth in personal income? The party of government would retain its tribute and the rest of us would at least know that the state will not grow larger without our express approval.
Wouldn't that solve the problem?
Any liberal and Democrat readers can leave their endorsements in the comments section.