Wisconsin’s economy has taken one hit after another in 2020, causing thousands of people to lose their jobs, pushing businesses to the brink and draining public coffers. On Tax Day, the Badger Institute and Tax Foundation hosted a virtual symposium titled, “Reviving Wisconsin's Economy Through Tax Reform.” Katherine Loughead, senior policy analyst at the Tax Foundation, discussed pro-growth tax options, tax implications of the federal CARES Act and ideas for reforming the state’s unemployment insurance. Below are resources for anyone interested in reviving Wisconsin’s economy through meaningful tax reform.

Tax Options to Promote Short-Term Recovery and Long-Term Economic Growth in Wisconsin

By Katherine Loughead, Senior Policy Analyst, Tax Foundation

Wisconsin, like every state, is experiencing a great deal of economic uncertainty amid the COVID-19 pandemic. States will need to use caution as they make revenue and spending decisions amid the ongoing public health crisis, but tax policy can play a valuable role in a state’s economic recovery, and policymakers ought to give careful consideration to tax policy changes that would help the state recover faster. Several structural tax changes are worth considering that would both promote a stronger economic recovery now while promoting stronger economic growth in Wisconsin for decades to come.

Read the entire post here.

Reviving Wisconsin's Economy Through Tax Reform

In this Tax Day webinar, Tax Foundation Senior Policy Analyst Katherine Loughead and Badger Institute President Mike Nichols discuss tax reform options that can stimulate growth, revive businesses and refill government coffers.

Katherine Loughead's slide presentation from the Tax Day webinar can be found here.

For more ideas on creating a pro-growth economy in the Badger State, please visit Wisconsin Tax Options: A Guide to Fair, Simple, Pro-Growth Reform.

We believe competitive free markets, limited government, private initiative and personal responsibility are essential to our democratic way of life. The Badger Institute is a nonprofit, 501(c)(3) tax-exempt organization and does not receive government funding. Our work is funded solely through tax-deductible gifts from foundations, companies and individuals. We appreciate your support.

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