State Taxes

An Updated Summary of the Proposed Budget for Taxes and Revenue

September 14, 2017
The state budget proposal approved by the legislature’s budget committee includes more than $400 million in tax cuts, as well as a smaller amount of tax and fee increases. Most of the tax cuts are aimed at reducing the amount of property taxes that individuals and businesses pay.

Missing Out: Recent Tax Cuts Slanted in Favor of those with Highest Incomes

June 27, 2017
Since 2011, Wisconsin state lawmakers have made it a high priority to cut taxes, particularly personal income and property taxes. The tax cuts they have passed have disproportionately gone to Wisconsin residents with the highest incomes.

Middle of the Pack: Wisconsin Government Revenue is Similar to that of Other States

March 13, 2017
Despite claims that Wisconsin is a high-spending state, it is actually close to average in many measures of revenue and spending among the states, according to figures from the Census Bureau.

A Summary of the Governor’s Proposed Budget for Taxes and Revenue

February 23, 2017
Governor Walker’s budget proposal continues his focus on cutting taxes. His proposal includes more than $500 million in income, property, and sales tax cuts over the two-year period that starts in July 2017. His budget also includes some tax increases: most notably, an increase in the amount of property taxes that some individuals with low incomes would pay.

The Big Giveaway is Getting Bigger: Updated Figures Show Growing Tax Credit is Inefficient, Costly

February 2, 2017
A tax credit that allows manufacturers and some other businesses to pay next to nothing in income taxes has ballooned far beyond original cost estimates and is slanted to favor a small group of wealthy claimants, according to newly‑released figures.

The Big Giveaway: Updated Figures

June 29, 2016
New information sheds additional light on the size of the Manufacturing and Agriculture Credit for the very richest individuals.

The Big Giveaway: Costly Tax Credit has Done Little to Boost Employment

June 28, 2016
A new tax break that allows some businesses to pay next to nothing in income taxes winds up mostly in the pockets of the extremely wealthy. A new tax credit that allows manufacturers and some other businesses to pay next to nothing in income taxes has ballooned far beyond original cost estimates and has done little to promote job creation. The Manufacturing and Agriculture Credit, which lawmakers passed in 2011, nearly wipes out income taxes for manufacturers and agricultural producers — at a very steep price.

A Summary of Recent Legislative Action on Taxes and the Budget Process

March 31, 2016
Lawmakers introduced scores of bills to create or expand tax breaks, and also a number of bills relating to the budget process.