As the Wisconsin Legislature considers sweeping tax cuts, a new report finds a flat tax would yield substantial benefits for all.
The report, published by the Badger Institute, notes single-rate reform to Wisconsin’s costly progressive tax system would spur faster economic growth, creating more jobs and more investment — all while lowering the burden on Badger State taxpayers.
On Tuesday, Gov. Tony Evers will deliver his fifth State of the State speech before both chambers of the Legislature and the judiciary. Like many governors before him, a pronouncement that the state of the state is strong is all but to be expected. But is this truly the state of affairs in Wisconsin? Is state government serving the needs of its citizens and providing the services that we all expect? With a looming recession, is state government looking at how to help Wisconsinites — or at least not make things worse? Here is what we hope the governor will say in his address.
Tax reform is top of mind for Republicans this legislative session. But while a flat tax measure has taken center stage, another proposal by one legislative leader to eliminate Wisconsin’s personal income tax has seemingly disappeared from the tax cut discourse.
A new State Policy Network (SPN) survey shows a good deal of support for nixing the state income tax.