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.
Response to Governor Evers’ Budget Proposal
Last night in his budget address, Governor Evers leveraged our state’s historically strong fiscal position to reimagine a Wisconsin that does more to provide every child and family with a solid foundation to live a happy and healthy life.