{"id":4329,"date":"2023-07-20T15:51:10","date_gmt":"2023-07-20T15:51:10","guid":{"rendered":"https:\/\/wifamily.news\/?p=4329"},"modified":"2023-07-20T16:01:21","modified_gmt":"2023-07-20T16:01:21","slug":"its-long-past-time-to-end-wisconsins-minimum-markup-law","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=4329","title":{"rendered":"It\u2019s long past time to end Wisconsin\u2019s minimum markup law"},"content":{"rendered":"

This post originally appeared at https:\/\/www.badgerinstitute.org\/end-wisconsins-minimum-markup-law\/<\/a><\/p>\n

Years of Badger Institute research makes case for repeal<\/h2>\n
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After Minnesota lawmakers ended that state\u2019s rule<\/a> requiring a minimum 6% markup on gasoline, a former Wisconsin lawmaker who now works with a tax reform group argues Wisconsin should also end a legal requirement for retail markups.<\/p>\n

Leah Vukmir, a former assistant majority leader in the Wisconsin State Senate, wrote in the Milwaukee Journal Sentinel this week<\/a> that it\u2019s past time for Wisconsin to repeal its minimum markup law<\/strong>.<\/p>\n

Vukmir, who wrote a bill for just such a repeal, noted that \u201cWisconsin\u2019s law is among the most expansive and oppressive in the country. It sets a price floor on goods like gas, groceries, and beer, making it illegal for businesses to sell these products to consumers at a lower cost. It requires gas stations to set their prices at least 9.18% over the wholesale price. You read that correctly: State government is mandating higher prices for consumers.\u201d<\/p>\n

Vukmir is correct that such laws hurt consumers<\/strong> by making goods more costly, and their Depression-era rationale about preventing unfair competition long ago was debunked.<\/p>\n

The Badger Institute has been making this case for a long time. We commend our work to legislators looking for support in any repeal effort.<\/p>\n