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
Wisconsin’s Wealthiest Have Prospered at the Expense of Everyday Families.
It’s time to fix this. Wisconsin can be a place where we all—regardless of race or place—have what we need to make ends meet and care for our families. But as our hard work has made the wealthy few in Wisconsin even richer, they’ve rigged the rules to redirect...