Wisconsin
Wisconsin Budget Project: Top 5% of Wisconsin Residents Get 18% of Tax Cuts Proposed by the Governor
January 27, 2014
The distribution of the tax cuts proposed by the Governor isn’t our chief concern about how he would use the projected state surplus. We’re primarily concerned that Governor Walker’s plan ignores holes in the current budget, and creates a deeper hole in the next one – boosting the structural deficit in 2013-15 to about $825 […]
Open Sky Policy Institute: Typical family pays less tax in Nebraska than in most similar states
January 24, 2014
Middle-income Nebraskans pay relatively low taxes compared to their counterparts in eight nearby states with similar economies and tax structures. A family earning the median family income in Nebraska ($63,442) would pay less in taxes than a similar family in all but two of these states – Colorado and Kansas. (Table 1) The other comparable […]
Milwaukee Courier: Gov. Walker plans massive sales tax hike on the working class
January 22, 2014
(Original Post) 18 JANUARY 2014 Compiled by Courier Staff It’s no secret that Wisconsin is in poor economic shape. Recent numbers indicate that the state is 38th in private sector job growth in the last two years. Despite Governor Scott Walker’s insistence that his Tea Party reforms are working, families in Milwaukee and across the […]
Marshfield News-Herald: Tax reform dominating early 2014 political discussions
January 6, 2014
Logan T. Carlson Central Wisconsin Sunday As the calendar flips to another year, there are rumblings in the State Capitol of Gov. Scott Walker considering idea of eliminating the state’s income tax in favor of shifting the state’s revenue toward a sales tax. No official proposal has been developed or released by Walker, but […]
Wisconsin Budget Project: Governor Walker’s Tax Shift Plan Would Raise Taxes for Most
January 3, 2014
Governor Walker has said he is interested in eliminating the state’s income tax and raising the sales tax to make up for lost revenue, a move that would result in a tax increase for all but the wealthiest taxpayers. To replace the revenue lost by the income tax, the state sales tax rate would […]
Mint Press News: Expiring Tax Deductions Prompt Talk Of Reform For State, Federal Tax System
December 30, 2013
(Original Post) Without congressional action to extend state and federal tax deductions, 11 million taxpayers will lose $17 billion. By Jo Erickson | December 26, 2013 As the year ends nine federal tax provisions will expire, causing some to pay more in state and local sales taxes. Most critics agree that state and federal taxes […]
The Cap Times: What do states with no income tax do for revenue?
December 30, 2013
(Original Post) December 27, 2013 10:25 am • STEVEN ELBOW | The Capital Times | [email protected] Gov. Scott Walker raised a lot of eyebrows earlier this month when he broached the idea of scrapping the state income tax, joining seven other states. So what do Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do […]
The Diamondback: Amazon.com facility will close tax loophole
November 5, 2013
(Original Post) Posted: Tuesday, November 5, 2013 1:03 am | Updated: 1:21 am, Tue Nov 5, 2013. With a new Amazon.com facility opening in Baltimore in 2014, online consumers in the state could soon be paying an additional 6 percent sales tax for online purchases. A physical presence in the state means state officials will […]
Politico: Arthur Laffer is back as GOP tax man
October 15, 2013
By RACHAEL BADE | 10/14/13 11:03 PM EDT Four decades ago at the Washington Hotel, a quirky economist made a pitch on the back of a napkin to Ford administration officials Dick Cheney and Donald Rumsfeld: Cutting taxes would create an economic boom. Back then, many Republicans opposed tax cuts, but that famous “Laffer […]
The Capital Times: Out with progressive, in with regressive state taxes
June 10, 2013
(Original Post) June 08, 2013 4:45 am • JOEL McNALLY | state columnist Remember back when Wisconsin was proud to be one of the most progressive states in the nation? Even more importantly, do you remember the states we all held in contempt for exactly the opposite distinction — being the most regressive states in […]
Milwaukee Journal Sentinel: GOP lawmakers may hike school funding, expand vouchers
May 30, 2013
By Patrick Marley and Jason Stein of the Journal Sentinel May 30, 2013 3:31 p.m. Madison — Republicans who control the Legislature are working on a deal that would increase funding for public schools and extend a school voucher program statewide, but in a way that is far more limited than what GOP Gov. […]
Campus Progress: Here’s One Way to End Poverty
May 17, 2013
(Original Post) Posted Thursday, May 16, 2013 in Opinions by Chris Lewis There’s been a lot of hand-wringing lately about bloating, excess, and abuse of government assistance programs like disability insurance and food stamps. For taxpayers anxious about whether public assistance dollars are well spent, there’s a lot to keep track of: SSI, SSDI, Social […]
Wisconsin Budget Project: “Middle Class Tax Cut” Will Mostly Wind up in the Pockets of the Highest Earners
May 16, 2013
Governor Walker has proposed an income tax cut that would benefit the highest earners the most, and would result in insignificant tax cuts for low-income Wisconsinites. Read the Full Report
USA Today: Consumers, advocacy groups largely silent on sales tax
May 7, 2013
(Original Post) Jayne O’Donnell USA TODAY9:30 p.m. EDT May 6, 2013 Shoppers may flock to free shipping offers, but the online sales tax debate hasn’t interested consumers nearly as much. Maybe it should. Sales taxes, after all, can cost as much or more than shipping — at times about 7% to 8% of a product […]
The Badger Herald: ‘Free market fundamentalists’ wrong on minimum wage
April 22, 2013
(Original Post) By Aaron LoudenslagerThe Badger Herald Apr 22, 2013 6:00am Some debates are perpetual in nature. The never-ending debate about whether or not the minimum wage is good economic policy is one of them. Regardless, it is a debate I find intriguing and one I feel obligated to enter. Contrary to the assertions of […]
Associated Press: Walker’s income tax cut helps rich more
February 22, 2013
MADISON, Wis. – Gov. Scott Walker’s proposed income tax cut would give more money back to the rich than it would the poor, despite his billing it as targeting the middle class. Related Content The Wisconsin State Journal reported that the tax cut would save a family of four earning less than $21,000 just $2 […]
Wisconsin State Journal: Experts see no big gain for economy, taxpayers in Scott Walker’s budget proposal
February 22, 2013
(Original Post) DEE J. HALL | Wisconsin State Journal | [email protected] | 608-252-6132 Gov. Scott Walker’s proposed income tax cut is likely too small to help individual taxpayers or the Wisconsin economy but could be large enough to harm the state’s future fiscal soundness, according to experts reacting Thursday to the governor’s 2013-15 budget. However, […]
MSNBC: The ‘47%’ pay more of their income in taxes
February 15, 2013
(Original Post) Ned Resnikoff, @resnikoff3:51 PM on 02/15/2013 “There are 47% who are … dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it.” So said Mitt Romney […]
The Badger Herald: Study shows uneven distribution of income tax
February 1, 2013
(Original Post) By WebmasterThe Badger HeraldJan 31, 2013 7:00am An independent state nonprofit that addresses tax- and budget-related issues released figures Wednesday showing taxes among lower, middle and upper class families are unequally distributed in Wisconsin. The report from the Wisconsin Budget Project referenced the findings in the Washington-based Institution on Taxation and Economic Policy’s […]
WHBY: Study compares income, taxes
February 1, 2013
A study shows people with smaller incomes spend a larger share of their money, on all taxes. Jon Peacock is with the Wisconsin Budget Project. He says for those who make less than $21,000 a year, almost 10 percent of their income goes toward sales, property, and income taxes. He says the rate is seven […]
Wisconsin Public Radio: POOR PAY MORE OF THEIR INCOME IN TAXES
February 1, 2013
(Original Post) Thursday January 31, 2013 by Shawn Johnson A new national study says poor people in Wisconsin, as in most states, devote a larger share of their incomes to taxes than do wealthier residents. The study’s author says an income tax cut being weighed by Republicans would exacerbate that trend. The study by the […]
Chicago Magazine: Illinois- The Fourth Most Regressive Taxes in America
January 30, 2013
(Original Post) Posted today at 11:21 a.m.By Whet Moser One of the ongoing complaints about Illinois’s tax system—besides general complaints about it being too high for everything—is its prairie flatness, which is unusual among states. One complaint is that it hits low-income taxpayers hardest (Naomi Jakobsson, D-Urbana, has proposed a graduated tax); the other is […]
USA Today: Time to tweak gas taxes? States weigh options
January 25, 2013
(Original Post) Larry Copeland, USA TODAY7:47a.m. EST January 25, 2013 A great tax debate is breaking out in state capitals from Vermont to Texas: How do we maintain and expand our vital-but-aging networks of roads, bridges and urban transit systems? For nearly a century, the nation has funded projects primarily with revenue from gasoline taxes. […]
Politico: Ambitious governors dominate tax debate
January 23, 2013
(Original Post) By: Rachael BadeJanuary 22, 2013 04:41 PM EST Looking for the next big tax debate? Talk to a governor — preferably one with presidential ambitions. From Louisiana to New York, and Wisconsin to Massachusetts, some of the nation’s most prominent governors in both parties — more than a few of whom have grander […]
Urban Milwaukee: Robin Hood in Reverse
January 17, 2013
(Original Post) By Bruce Murphy – Jan 11th, 2013 10:54 am Republican Assembly Speaker Robin Vos lives in the tiny village of Rochester, WI, population 3,682, whose website boasts of a “unique small town charm that mixes urban, farming and country life styles.” It’s located just 23 miles from downtown Racine, but might as well […]
