We're competing with Iowa, who's down to like 3% income taxes, with a plan to phase it out. We're competing against Indiana, which has much lower income … We are competing with Iowa, Indiana, Illinois, and Michigan, which have lower income taxes than Wisconsin. … We need to face that reality that our income taxes are hurtful to keep people here. We did part of that, helped Out a little bit in our previous budget, especially for retirees, hopefully keeping them around in the city. (37:59–38:03)
CLAIM
Asserts that Wisconsin's income tax rates are higher compared to neighboring states, affecting competitiveness.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
