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Eliminating state tax on tips and overtime would cost Wisconsin $2.76 billion over a decade according to new analysis by Forward Analytics, a nonpartisan Wisconsin research organization.
The study finds no tax on tips and overtime would essentially be a double-edged sword.
"This is a cost to state revenue, but at the same time is putting money back into the pockets of Wisconsinites to either spend or save as they see fit," Forward Analytics Research Analyst Jacob Anderson said.
The amount was calculated by estimating how much income tax workers who earn tips and overtime would save over 10 years.
No tax on tips has been a discussion in the Wisconsin Legislature for awhile.
Gov. Tony Evers proposed it in 2025, but vetoed the idea from a Republican-authored bill in April 2026, in search of permanent tax relief.
A retired University of Wisconsin-Madison economics professor said eliminating tax on tips and over time is unfair and is not sensible tax policy.
More: https://fox11online.com/news/state/new-report-finds-ending-state-tax-on-tips-and-overtime-would-cost-wisconsin-276b
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