University of Wisconsin–Madison

Category: Fiscal Policy

Rising Health Care Costs in Wisconsin: The Case for Price Transparency

Hospital prices have risen far faster than wages or general inflation, placing real burdens on Wisconsin employers, workers, and the state’s long-term competitiveness.

The Economic Impact of Retirement Income Tax Cuts

In the last 20 years, U.S. states with larger income tax cuts for seniors experienced faster growth rates

How Capitalism Can Save America

11.14.24 EVENT Steve Forbes “How Capitalism Can Save America”

The Economic Impact of the Wisconsin State Legislature’s Plan to Cut Income Tax Rates

Wisconsin State Legislature recently unveiled a tax cut plan which (among other initiatives) expands the state’s second income tax bracket to cover higher earners. We present a comprehensive model of the Wisconsin economy and its tax system to account for the behavioral responses from households and firms.

Does Taxing the Rich Work?

9.27.23 EVENT Dr. Arthur Laffer “Does Taxing the Rich Work?

The Economic Impact of JFC’s Plan to Cut Income Tax Rates in Wisconsin

6.26.23. Junjie Guo, Kim Ruhl and Ananth Seshadri. In this report we evaluate the economic impact of the Wisconsin State Legislature’s Joint Finance Committee (JFC)’s plan to cut the state’s individual income tax rates.

Five Options to Lower the Income Tax Rates in Wisconsin

5.17.23. Junjie Guo, Kim Ruhl and Ananth Seshadri. In this report we evaluate five options to lower the income tax rates in Wisconsin, which are higher than the rates in most other states.

The Economic Impact of Lowering Income Tax Rates in Wisconsin

2.24.23. Junjie Guo, Kim J. Ruhl and Ananth Seshadri. This CROWE report presents a model of the Wisconsin economy and its tax system, and shows that reducing the state’s individual income tax rates will increase output and household consumption significantly.

Wisconsin’s Sales Tax Regressivity

11.1.22. Junjie Guo and Kim J. Ruhl. It is widely believed that sales taxes are regressive: The total sales tax paid by a low-income household represents a greater share of its income compared with a high-income household.

Fundamental State Tax Reform: Eliminating the Income Tax in Wisconsin

12.16.21. Noah Williams. The state of Wisconsin has the oldest continuously operating state income tax in the United States. In this report I develop and analyze a plan to dramatically change that history.