Moving toward a single-payer healthcare system also would cost taxpayers an additional $30 billion in the first year alone, the state’s free market think tank, the MacIver Institute, calculates.
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Overall private medical spending would actually go up $1.1 billion, with a net loss in benefit to the state of $600.3 million in 2020, if the state accepted Obamacare federal funding to increase Medicaid coverage.
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Since 2010, the income distribution in Wisconsin has shifted up, with fewer low income households, a relatively stable middle class, and an increase in the number of higher income households.
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Poorer, rural counties in the state have seen greater improvements in living standards than richer, urban ones.
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Opponents argue that sales tax holidays simply shift the timing of purchases and that they are an ineffective form of tax relief. But while recent research confirms that sales tax holidays do change significantly the timing of purchases, they also lead to an increase in overall consumption spending.
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