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 Help Small Businesses with Targeted Grants, Not PPP Double-Dipping
The Top Five Problems with the Proposed $419 Million Tax Break for PPP FundingWisconsin state lawmakers are rushing to pass a new tax break for businesses, with a minimum of opportunities for public input. The tax cut would significantly reduce the amount of resources...