1 result for author: Michael Rosen
Republican’s Flat Tax Nothing but a Boondoggle for the Rich
Wisconsin’s Republican leaders just can’t help themselves.
In November voters rejected a flat income tax when its proponent, Tim Michels, lost to Gov. Tony Evers. However, schemes to make the rich richer are the GOP’s trademark, so now Senate Majority Leader Devin LeMahieu has proposed eliminating the state’s mildly progressive income tax and replacing it with a 3.25% flat tax by 2026.
No matter how they try to package it, the flat tax would accomplish only two things: drastically deteriorate our quality of life in Wisconsin and, yes, provide a windfall for the super wealthy.
According to the nonpartisan Legislative Fiscal ...