“We’re increasingly becoming a country with a tiny number of extraordinarily wealthy people, a large underclass, and no middle class. Societies that are structured like this do not end well for anyone, including the rich people.” That’s Erica Payne, founder of Patriotic Millionaires, a group that advocates for greater wealth equality through restructuring the American […]
Photo by QuinceCreative on Pixabay. The state’s budget-writing committee was slated to meet earlier this afternoon. Those plans were stymied, though, by a new expected economic forecast for Wisconsin. While the state’s slated to get billions more than earlier projections, Wisconsin’s politicians are divided on how to spend the money. The delays come after a […]
As many Americans have struggled to make ends meet during the pandemic, the wealth of Jeff Bezos, Elon Musk, Bill Gates, and other billionaires has gone up by $1.3 trillion. And there is an entire professional sector—including tax attorneys, estate planners, accountants, and wealth managers—dedicated to help wealthy individuals and corporations protect, preserve, and accumulate […]
June Dalton, of Ladies Must Swing and also H&R Block, brings to the airwaves annual tax code updates she believes are relevant to WORT listeners. She also takes questions.
Last week, Walmart continued a pattern by suing the City of Sheboygan over property taxes. The company says its Sheboygan outlet has been over-taxed by the city, as the debate over “dark stores” in Wisconsin continues. In an official complaint, Walmart lawyers argue that their property taxes for 2017 are “excessive,” and they want the […]
President Trump’s proposed 2017 budget includes over $60 billion in new defense spending, paid for by gutting a myriad of other federal programs, including food stamps, science and cultural programming. If you don’t share the President’s spending priorities, you can grouse about it to your representative in Congress, you can emigrate to Canada, or you […]