Browsing: Tax Reform

A new poll found a surprising gap in voters’ understanding of how Wisconsin taxes compare to neighboring states, even as an unprecedented state revenue surplus makes tax reform a key issue in Madison.

The poll, of 480 registered voters in December, asked, “How do the taxes people pay in Wisconsin compare to the taxes people pay in neighboring states?”

On Dec. 14, the Badger Institute submitted the following comments to Gov. Tony Evers’ statewide listening session tour on the 2023-25 executive budget.

A flat tax would dramatically improve Wisconsin’s standing in an increasingly competitive tax environment – and could be done without raising taxes on anyone.

Robin Vos, fresh off a victory that seals his role as Speaker of the Assembly and now coming on 30 years in local and state politics, threw out a couple olive branches at Gov. Tony Evers Thursday that cynics might say are just the post-election niceties that invariably morph into barbs and stiff-arms in the Capitol hallways.

There are numerous ways Wisconsin could move to a flat income tax while benefitting Wisconsinites across the income spectrum. The most obvious solution is to flatten the rate while increasing the standard deduction, as proposed by the Tax Foundation and the Badger Institute in the July 2022 report Tax Reform Options to Improve Wisconsin’s Competitiveness.

It’s campaign season, so the only numbers that seem to matter to the mainstream media are the ones in polls.

Institute research shows that flat tax would improve state competitiveness, increase prosperity October 5, 2022 — The Badger Institute today…

Much to his credit, WTMJ’s Charles Benson broke a big – if potentially fleeting – story at the start of the Republican gubernatorial debate earlier this week.

The century-old progressive income tax is no longer a viable model

Tax reform options to improve Wisconsin’s Competitiveness

A new report from the Tax Foundation and the Badger Institute offers five comprehensive tax reform options to enhance Wisconsin’s tax competitiveness by reducing harmful taxes on labor and investment.

Policymakers should advance reforms that prioritize GSP, personal income growth

The Badger Institute today announced partnerships with several leading research organizations and subject matter experts who will contribute to its 2022 Mandate for Madison, a policy roadmap for the governor and Legislature beginning in 2023.

The following is testimony delivered by Badger Institute Senior Vice President Michael Jahr in favor of AB 692, a bill designed to eliminate the marriage penalty for participants in the Wisconsin Earned Income Tax Credit (EITC) program.

Many workers will see more in their 2022 paychecks as a result

Failure to do so will result in taxpayers providing a $700 million interest-free loan to the government in both 2021 and 2022

Tax relief in 2021-’23 budget will provide substantial relief to individuals, families and businesses

Changes to TPP, UI, and tax brackets are all being debated

A menu of pro-growth tax reform options from the Tax Foundation and the Badger Institute.

The policy decisions state policymakers make in the months ahead will have far-reaching implications for how quickly jobs and wages are restored in Wisconsin.