For tax purposes, Wisconsin should treat profits from investments the same as income from work. Currently, Wisconsin gives preferential treatment to profits from investments, which results in tax breaks for the best off. Most other states treat profits from investment the same as income from work.
Trump’s Tax Cuts: Big Win for Wisconsin’s 1%, Big Loss for Everyone Else
This tax day, millions of everyday Wisconsinites will pay their fair share of taxes to support roads, schools, health care, and the education that people depend on every day. Billionaires, on the other hand, will continue to pay relatively little thanks to tax...