Browsing: Economy

Wisconsin’s largest metropolis, Milwaukee, has been one of the nation’s largest urban areas for decades, but its comparative position has changed.

At the national level, recent studies show that small businesses are not contracting with the federal government as frequently as in the past. And those that do are becoming more concentrated in a handful of congressional districts around Washington, where rent seeking is the norm.

When Wisconsin Manufacturers and Commerce, the state’s business chamber, last month put out the results of its semiannual survey of CEOs’ sentiments, the outlook was grim: 22% rated the Wisconsin economy as “strong.” Only 10% said the same of the national economy, with 28% calling it “weak.” That’s a gloomier number than the WMC found in summer 2020, amid lockdowns.

The Jones Act, protecting the American maritime industry and driving free trade champions crazy for more than 100 years, is both a boon and a bane to Wisconsin businesses, workers and consumers. 

A basket of groceries that would have cost $100 in January 2014 would now cost $127, according to the BLS’ consumer price index for “food at home” in the Midwest.

Wisconsinites who bake food at home for sale in their communities could find their incomes dramatically curtailed under legislation recently introduced in the Wisconsin Legislature.

Wisconsin has, in state Sen. Rob Hutton, a mad-eyed optimist, for the Brookfield Republican imagines that this is the time, after decades of trying, that Wisconsin could repeal its minimum markup law… He might be right.

It’s common to describe capitalism as “dog-eat-dog,” but entrepreneurs win by being more appealing to others, serving them better. That surely is something we all can celebrate, especially during the ramen-for-dinner pre-profit stage, when entrepreneurs could use some encouragement.

After Gov. Tony Evers announced last week he was diverting $36.6 million in federal emergency pandemic funds for, among other things, a soccer stadium, a sports center and a railroad museum, state Sen. Duey Stroebel tweeted, “I struggle to see how any of these projects relate to pandemic relief.”

Legislative leaders say costly project not needed or wanted Wisconsin officials in the Evers administration, supported by politicians in many…

Congressman Bryan Steil is still waiting to hear back from U.S. Department of Transportation Secretary Pete Buttigieg about his request to please make it clear Milwaukee does not have to run “The Hop” streetcar through a closed construction site on Sundays — and Sundays only — during the winter in order to meet the requirements of a federal grant.

Milwaukee city officials are going to run their streetcars, part of the $128 million Hop, through a closed construction site on Sundays, and Sundays only, throughout the winter in order to satisfy the requirements of a federal grant.

A wedding barn is nothing like a tavern — especially in ways that matter for liquor laws. The Badger Institute is happy to join an effort to fill in Wisconsin lawmakers on why.

Minimum markup laws hurt consumers by making goods more costly. Wisconsin should repeal its antiquated minimum markup law, as Badger Institute has advocated for decades.

It’s telling that Gov. Evers, Sen. Larson and the rest keep using words like “the wealthy” and “rich” to talk about their targets. The Wisconsin income tax is levied not on wealth that people have saved but on income — what they earn. If you say “rich,” with its implications of inheritance or luck, you don’t have to grapple with how taxes take what someone is working for.

Using his partial veto power, Gov. Tony Evers removed the Legislature’s first steps on tax reform for Wisconsin, canceling a simplification of Wisconsin’s income tax rates and a reduction in the rates covering much of the middle class and most of the state’s businesses.

Wisconsinites clearly got some wins in the 2023-2025 biennel budget. Now the task at hand is consolidate and expand those moving forward.

When and why did bringing internet access to every home and business in Wisconsin become the sole province of government, rather than the marketing mission of established private internet providers?

A plan passed by Wisconsin’s Joint Finance Committee saves taxpayers $3.5 billion over two years, money that came from them in the first place because they’re currently overtaxed. Gov. Evers would do well to sign off on that plan.

The Badger Institute supports a flat-rate individual income tax, a structure increasingly adopted by competing states. We have spent years researching options for reform that includes a single, low rate. But if that is out of the question as budget negotiations proceed, the priority should be Wisconsin’s top rate.