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New Report Shows Wisconsin Loses $814 Million of Tax Revenue Every Year Due to Offshore Tax Havens for Corporations and the Very Wealthy


As Wisconsin working families call on Wall Street and the wealthiest 2% to pay their fair share in taxes, a new report by U.S. PIRG, shows that Wisconsin loses $814 million in individual and corporate income tax every year due to tax havens set up by corporations and the very wealthy.

Corporate tax loopholes deprive Wisconsin of millions of dollars that could be used to pay for vital services like education, public safety and healthcare.  In 2011, states lost approximately $39.8 billion in tax revenues from corporations and wealth...