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.
Taxes: Cuts for Working Families & Ensuring the Wealthiest Wisconsinites Pay What They Owe
Taxes are a critical way of providing the resources, infrastructure and services that increase quality of life for all Wisconsinites. They also play an important role in expanding opportunity and enhancing racial equity.