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.
The 2023-25 State Budget Should Support Wisconsin Families Who Are Struggling to Get By
Economic hardship has a long-lasting negative impact on children—affecting their health and wellness over the course of their lives. Ensuring families can meet their basic needs should be a key goal for the 2023-25 state budget.