Browsing: Economic Development

When Wisconsin Manufacturers and Commerce, the state’s business chamber, last month put out the results of its semiannual survey of CEOs’ sentiments, the outlook was grim: 22% rated the Wisconsin economy as “strong.” Only 10% said the same of the national economy, with 28% calling it “weak.” That’s a gloomier number than the WMC found in summer 2020, amid lockdowns.

The Badger Institute supports a flat-rate individual income tax, a structure increasingly adopted by competing states. We have spent years researching options for reform that includes a single, low rate. But if that is out of the question as budget negotiations proceed, the priority should be Wisconsin’s top rate.