@Cycloptichorn,
You have acknowledged the interests (or at least existence) of those who favor smaller government here. That, to a large degree is the fundamental issue before us generally, and the people of Wisconsin in particular. We face a perverse combination of public employee unions and paid legislators who have vastly expanded the cost of government, without in most cases raising the standards of service . They stand in the way of the smaller, less intrusive governments that many people favor.
The other higher taxed bigger government western nations with which we have been so blithely compared are increasingly finding their political & economic models acutely unsustainable in the contemporary world and in contemporary demographic conditions. We aren't as far down that road as are they, but we are moving there fast, and in the states and counties of the country the budget crises are increasingly at hand. Some corrective action is required.
You apparently believe that all of these problems can be resolved by taxing and otherwise reducing the incomes of the evil entrepreneurs and managers at the top of the income scale here, and that doing so can be accomplished without compromising our basic liberties or any adverse economic side effects. Unfortunately the legislation proposed to accomplish that would hit anyone with an income over $250K , and that includes lots of folks who don't fit the evil model and would have very significant adverse effects on our economy.
The laughably unsustainable condition of state budgets from New Jersey to New York, Illinois, California and many other states demonstrates the follies attendant to the current political dynamic. Something significant has to change and I do not believe it will merely be taxes.