skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Report: Wisconsin Income Inequality at Near Record Level

play audio
Play

Monday, August 14, 2017   

MADISON, Wis. – There is a vast gap between the incomes of the highest earners in Wisconsin and the incomes of typical Wisconsin residents, according to a new report from the Center on Wisconsin Strategy and the Wisconsin Budget Project.

In the Badger State, the top 1 percent of earners had income of $933,000 a year or higher, which is 19 times the average annual income of $48,000 that the remaining 99 percent of residents made.

Jon Peacock, the Wisconsin Budget Project’s research director, says that's a huge imbalance.

"The very high percentage of the economic growth that has occurred over the last 45 years in Wisconsin: that's gone to the top 1 percent,” he states. “They're getting almost three-fifths of the income growth that has occurred during that period of time."

The report says income inequality in Wisconsin is now back to the high levels posted just before the Great Depression in the late 1920s.

According to the authors of the report, this widening gap between the highest earners and everyone else in Wisconsin poses a hardship for the state's families, businesses and communities. All Wisconsinites pay the price if too many families and businesses fail to prosper.

Peacock says while incomes in general have been increasing, the rising tide has not lifted all boats.

"It's really held back a lot of low-income and middle income people,” he states. “And it hasn't always been that way, which is why we're optimistic that some changes in policy could result in more equitable distribution of income growth in Wisconsin."

The report makes several suggestions to mitigate the problem. Among them are working to build the skills and education of the state's workforce, having a strong child care system, and raising the minimum wage, which has been frozen in Wisconsin for nearly a decade.

"And we need to remove barriers to work that are holding people back – things like driver's license suspensions for things that have nothing to do with driving,” Peacock stresses. “We also need to protect the Affordable Care Act and expand Medicaid in Wisconsin."

The report also suggests making state taxes more equitable across income groups, saying that people with high incomes should pay at least as much taxes relative to income as people with lower incomes do.





get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021