Not only did Republicans recently raise taxes by reducing the Earned Income Tax Credit, all the while Congressional Republicans began pushing for a flat tax that would raise taxes on low income earners who don’t pay federal taxes, state legislators are now looking to raise taxes again for many by doing away with access to the Homestead Tax Credit. Last year some 250,000 claims cost the state about $120 million.
CapTimes: There is no age restriction on the Homestead program, which provides on average about $500 in savings for low-income tax filers.
"We hate poor people," an angry Rep. Tamara Grigsby, D-Milwaukee, protested at that time. "We kick them when they're down. They will never have the chance to thrive." The effort to reduce tax breaks for low-income people follows a report last week from the Institute for Wisconsin's Future showing that four of the largest companies in the state paid no corporate incomes taxes here since 2000.
This class warfare by the poor has got to stop.