Maclver Institute's Path to a 3 Percent Flat Tax

posted by Jay Weber -

“I think it’s a great time to talk about [a flat tax] because Walker and the Republicans now have proven that we have adults running our budget.” - Jay WeberWisconsin's top rate of 7.65 percent is the 9th highest top rate among the 43 states with an income tax.The bottom rate of 4 percent is the 4th highest among the 33 states with a progressive income tax.Along with transitioning to a 3 percent flat income tax for all Wisconsinites, the MacIver Institute’s plan would eliminate all tax credits and exemptions, except the earned income tax credit and homestead tax credits, which are used primarily by lower-income populations.  The complete study here > A Glide Path to a 3 Percent Flat Income Tax

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