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Ron Johnson: Close the SALT ‘loophole’? Not on my watch

A legitimate concern is how some professionals are using their pass-through entities to turn what should be salary or wage income into pass-through income to obtain the SALT and 20% deductions. That could easily be resolved without the new provisions in both the House and Senate bills that make other pass-throughs less competitive with C-Corps.

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Will Flanders: End minimum mark-up

Rather than fostering fair competition, minimum markup laws artificially inflate prices on everyday necessities like gasoline and groceries, burdening working families and undermining consumer choice. In a modern economy defined by efficiency, transparency, and innovation, government should not be in the business of telling retailers what they must charge.

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Rewind: Your Week in Review for May 10

On this week’s episode of WisconsinEye’s “Rewind,” WisPolitics’s JR Ross and guest host Jessie Opoien of the Milwaukee Journal Sentinel discuss Joe Biden’s Microsoft announcement in Racine County, the Joint Finance Committee’s approval of a plan for $36 million in opioid settlement funds and the Joint Audit Committee’s approval of a DEI review.

Watch here »