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 Room Where it Happens: Attend a State Budget Hearing
In February, Governor Evers proposed his state budget. Read our reaction here and our analysis here. The Governor’s proposals now go to the Joint Committee on Finance (often called the Joint Finance Committee or JFC). This powerful committee is made up of both state...
