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.
Wisconsin Should Use New Revenue for Investments Broadly Promoting Shared Prosperity
FOR IMMEDIATE RELEASE: June 9, 2021CONTACT: Michele Mackey, CEO/ED, mmackey@kidsforward.org (608) 284-0580 x 324 PDF version here The following is a response by Michele Mackey, Kids Forward’s Chief Executive Officer, to the new revenue estimates released by the...