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 State Budget is an Opportunity to Reduce Income Inequality
Whether Black, Brown, or white, rural or city, we all can thrive when state leaders invest in our children, families, and communities. Tax cuts for the rich are not the path to prosperity and will only make income inequality in Wisconsin worse.
