The Institute on Taxation & Economic Policy (ITEP) analysis found that the poorest fifth of Wisconsin taxpayers pay 6.3 percent of their income for sales and excise taxes. That is seven times more than the richest one percent of taxpayers, who pay just 0.9 percent of their income for sales and excise taxes. Property taxes in Wisconsin are somewhat less regressive than sales taxes, with low and middle income taxpayers paying between 3.0 and 3.6 percent of their income for property taxes, compared to 1.7 percent for the richest one percent of state residents.How can we make it more fair? By "restoring the state’s estate tax and eliminating income tax breaks that primarily benefit the wealthy, such as the preferential treatment of capital gains."
That'll happen.
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