Republicans Dust Off Failed ‘Trickle Down’ Experiments of the Past
New GOP Flat Tax Scheme Benefits Wealthy at the Expense of Public Schools, Middle Class
Madison—Today, Assembly Republicans unveiled a tax plan that disproportionately benefits the wealthy. Rep. Jon Richards (D-Milwaukee), a member on the Joint Finance Committee and the Special Committee on Income Tax Reform, released the following statement in response to the plan.
“Make no bones about it, the new Republican flat tax scheme is little more than a giant tax break for the wealthy—a fact even its author acknowledged today when he unveiled the plan. Paid for with historic cuts to Wisconsin’s public schools, the Republicans’ new flat tax plan is even more extreme and regressive than the one proposed by Governor Walker. The failed ‘trickle down’ experiments of the past need to be kept in the ash heap of history, not dusted off when Wisconsin already ranks 44th in the nation in job growth. We should be taking a balanced approach that prioritizes public education and targets tax cuts to the middle class.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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