Three major tax cut packages passed by the Wisconsin legislature have delivered relatively little benefit to the lowest earners, who are struggling to make ends meet. In dollar amounts, the largest tax cuts went to the Wisconsin taxpayers who earned the most.
Four years into the nation’s recovery from recession, too many Wisconsin families are worse off than they were before the economic collapse of 2008. New Census figures give us an updated picture of poverty in Wisconsin, and what we can do to address it.
Income inequality continues to grow in Wisconsin and the United States, producing an ever-widening chasm between the rich and the poor. Over the last 40 years, Wisconsin’s richest residents have experienced dramatic increases in income, while Wisconsinites not among the very highest earners saw their incomes stagnate or decline.