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 Lawmakers Directed Far More Resources to an Income Tax Cut than Other Critical Priorities
The huge tax cut that Wisconsin lawmakers passed in the state budget far outstrips the minimal investments they made in critical priorities like education, health, and workforce development. The size of the tax cut will make it harder for schools, communities, and...