One state lawmaker says it's easy to see why corporate tax collections are way down in Wisconsin.

The latest state figures project a 15-percent drop in tax collections over the next two years, which could widen the state budget hole to about $5.7 billion.

Assembly Republican Leader Jeff Fitzgerald (R-Horicon) says it's not hard to guess why, with businesses across the state closing up and jobs leaving Wisconsin.

The Horicon Republican says there's evidence of the problems every day when he drives to Madison. A Home Depot store that opened in Beaver Dam just two years ago is now closed.

AUDIO: John Colbert reports (MP3 :36)

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