For perspective, the UW System's share of general purpose revenue in 2023 is $1.3 billion. 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.Īccording to the nonpartisan Legislative Fiscal Bureau, when fully implemented the flat tax would reduce the state’s revenue by $5.06 billion annually. 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. In November voters rejected a flat income tax when its proponent, Tim Michels, lost to Gov. Wisconsin’s Republican leaders just can’t help themselves.
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