Wisconsin Tax Options: A Guide to Fair, Simple, Pro-Growth Reform


Wisconsin Tax Options: A Guide to Fair, Simple, Pro-Growth Reform


Executive Summary

Wisconsin has struggled with its tax system for decades. The state has always been marked by high property tax burdens, but in its effort to “fix” them has leaned on corporate and individual income taxes to a sizable degree as well.

Wisconsinites are often flummoxed by why taxes are so high here—government services have a good reputation, but it isn’t always clear they are worth the price tag. Still other taxpayers feel they should be grateful as at least fiscal matters aren’t in as dire of straits as in Illinois. In recent legislative sessions, the legislature and administration have made strides to improve the roughest edges of the state’s tax system, but comprehensive tax reform has not been at the top of the agenda. We believe it ought to be...

....Positioning Wisconsin for the future means creating a tax code that can grow with the state, not hold it back. A tax code better aligned with growth, opportunity, and job creation is in the interest of all Wisconsinites....

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Ken Notes: Great read. I would love to see a lower rate but I have always believed if you do a great job on roads, snow, parks, and services you can maintain a stable government and the support of the voter. When you are seen as leaning to the rich or the poor you lose the faith of the middle.

I still firmly believe if we offered per new job incentives to ALL growing companies, not just a select few, we could grow the economy increase the number of jobs paying a livable wage, and gain the confidence of all of the citizens of the state. Neither party seems willing to embrace this philosophy though.

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- - Volume: 7 - WEEK: 7 Date: 2/14/2019 7:52:09 AM -