This is a flat tax. It is a flat tax on the difference between what the dividend would be and what it is now. 

It is taxable income and walker took it without a vote. This is a regressive flat tax that was not passed through the correct legislative bodies. While the congress was not doing their jobs, this does not mean that he can simply step up and institute a tax.

This is a tax on the poorest, the elderly, and the infirm. Those saying it took balls to cut the PFD do not realize this is a band-aid on a bullethole, and next year we will be in worse shape, and what happens when there is no PFD to cut?