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.
Governor Evers Stands Up for Everyday Families by Vetoing Harmful Tax Proposals
Last Friday, Governor Evers blocked three bills that would have let Wisconsin’s wealthiest off the hook from paying what they owe and made the state’s racial wealth disparities even worse.