PRI senior fellow in business and economics Wayne Winegarden was interviewed by the Madison Reporter on the cost benefits of eliminating Wisconsin’s minimum markup law than a gas tax holiday.
“Eliminating the minimum markup law would create a healthier competitive environment and have beneficial cost implications in the longer-run than a gas tax holiday,” Winegarden said. “Further, the elimination of the tax has implications for the maintenance budgets for roads and highways. Eliminating minimum markups creates a more efficient pricing environment with long-term benefits and no broader cost offset (other than the elimination of protected margins).”