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
The State Budget is an Opportunity to Reduce Income Inequality
Whether Black, Brown, or white, rural or city, we all can thrive when state leaders invest in our children, families, and communities. Tax cuts for the rich are not the path to prosperity and will only make income inequality in Wisconsin worse.
