This two-page brief analyzes the effects of not adjusting the credit for inflation between 1990 until 2010. For many years, the Homestead Credit was the only significant part of the state tax code that wasn’t annually indexed for inflation. That was remedied by the last biennial budget bill, but Governor Walker’s proposed budget would repeal indexing
Rich Get Richer under Proposed Tax Plan
From Racine to Rhinelander, everyone in Wisconsin deserves the freedom to make a good living and care for our families. However, the tax plan proposed by Republican legislative leadership would further rig the rules in favor of the wealthiest and make Wisconsin’s glaring racial disparities even worse. The four proposals leave everyday families even further behind because none of these tax proposals effectively target families who are struggling to make ends meet.
