The sky is blue, I am tall, and Wisconsin Republicans have proposed another version of a tax cut.
I don’t think that anybody is adverse to the idea of more money in our pockets (I sure know I am not), but it’s important to consider the cost that comes with this kind of decision.
Regular listeners of the program are infinitely aware of my opinions of progressive vs regressive tax rates that I base in the historical outcomes of both options. Today, however, I was fortunate enough to be joined by an expert.
The Roosevelt Institute is a non-profit think tank that focuses on the positive and negative effects of tax policy. Immediately upon discovering their work, I felt like their findings were worth discussing, and then I did a deep dive.
Then on Monday (1/22), they released a report titled A Mapping of the Full Potential of U.S. Corporate Taxation to Enhance Child and Family Well-Being.
To be frank, I’m not sure there has been report produced that is more relevant to the people of Wisconsin than this one.
I was joined on my show by Emily Devito, the Deputy Director of Corporate Power with the Roosevelt Institute, and one of the authors of the study, to discuss the history of low corporate tax rates, the effects on the population over the last 45 years, and what it has done to funding for a number of different family related programs that used to be more adequately funded.
For more information about the Roosevelt Institute, click here.
To listen to the entire conversation, click the player at the top of the article
[Spreaker: Outside The Box; rooseveltinstitute.org]
