The top Republican in the Wisconsin Senate says switching to a flat tax will likely mean Wisconsin won’t have to raise other taxes.
Senate Majority Leader Devin LeMahieu yesterday said eliminating Wisconsin’s personal income tax altogether would likely mean a tax increase somewhere else. LeMahieu said moving the state to a flat tax, however, would likely mean that lawmakers could keep the state’s sales and other taxes where they are. LeMahieu this week introduced his plan to move Wisconsin to a flat three-and-a-quarter percent personal income tax by 2026. He says Wisconsin has plenty of money in its six-point-six billion-dollars surplus to afford that kind of a tax cut.
