× Thanks for reading! Log in to continue. Enjoy more articles by logging in or creating a free account. No credit card required. Log in Sign up {{featured_button_text}}

Scott Walker may not know how to create jobs.

But he does know how to create income inequality.

The governor’s election-season tax cut scheme is widening the gap between the very well off and the rest of us by redistributing wealth upward.

An analysis of the governor’s initiative by the nonpartisan Institute on Taxation and Economic Policy found that the biggest beneficiaries are the wealthiest Wisconsinites.

After the Republican-controlled state Assembly gave its usual “Yes, sir!” approval to the governor’s proposal, state Rep. Chris Taylor, D-Madison, noted: “The top 1 percent of income earners, who made $380,000, would enjoy 7 percent of the total tax cut, enjoying an average cut of $951. In comparison, most middle-income residents will only receive a tax cut of $117, with low-income earners who make less than $21,000 receiving a $39 tax cut. These numbers do not even account for an additional tax cut of $50 million to a small group of highest income earners who now will not pay any state income tax. Everyone should pay their fair share of taxes, including the wealthiest.”

Taylor is correct on the basic premise.