Wisconsin Reports & Information

NEWS & MEDIA

The Latest News from CTJ's Tax Justice Blog

• State News Quick Hits: Why a Revenue Uptick is Not a Surplus, and More - 05/2013
• State News Quick Hits: Promoting Tax Justice in the States on April 15 - 04/2013
• Governor Walker Promises the Wrong Kind of Tax Cuts - 02/2013



ITEP in the News

• The Badger Herald: 'Free market fundamentalists' wrong on minimum wage - 04/2013
• Associated Press: Walker's income tax cut helps rich more - 02/2013
• Wisconsin State Journal: Experts see no big gain for economy, taxpayers in Scott Walker's budget proposal - 02/2013
• The Badger Herald: Study shows uneven distribution of income tax - 01/2013
• WHBY: Study compares income, taxes - 01/2013



ITEP Numbers and Reports

• Wisconsin Budget Project: "Middle Class Tax Cut" Will Mostly Wind up in the Pockets of the Highest Earners - 02/2013
• Who Pays? (Fourth Edition) - 01/2013
• Wisconsin Budget Project: Taxation of Capital Gains Income - 06/2009






RESOURCES




State Tax & Revenue Information

• Wisconsin Department of Revenue
• Wisconsin Legislative Fiscal Bureau
• Wisconsin Division of Executive Budget and Finance



Tax Expenditure Reports

• 2013: State of Wisconsin Summary of Tax Exemption Devices
• 2011: State of Wisconsin Summary of Tax Exemption Devices
• 2009: State of Wisconsin Summary of Tax Exemption Devices
• 2007: State of Wisconsin Summary of Tax Exemption Devices



State Statutes & Legislation

• The Updated Wisconsin Statutes & Annotations
• Wisconsin State Legislature Bill Search



State Tax Forms

• Wisconsin Tax Forms





ORGANIZATIONS



• Wisconsin Budget Project
• Institute for Wisconsin's Future
• Center on Wisconsin Strategy

Wisconsin
By the Numbers

Below is a snapshot of key features of Wisconsin's tax system. (Scroll Down) State & Local Revenue (FY10) General Revenue, Own-Source (GROS): $34.7 billion General Revenue as a Share of Income: 16.3% Tax Revenue: $24.4 billion Tax Revenue as Share of income: 11.5% Personal Income Tax (Share of Tax Revenue): 23.7% (17 out of 51) Corporate Income Tax (Share of Tax Revenue): 3.5 % ( 16 out of 51) Sales & Excise Tax (Share of Tax Revenue): 28.9 % ( 38 out of 51) Property Tax (Share of Tax Revenue): 39.5 % ( 13 out of 51) Other Taxes (Share of Tax Revenue): 2.4 % (48 out of 51) Personal Income Tax Features (2012) Range of Tax Rates: 4.6% - 7.75% Standard Deduction: $9,410 ($16,940 for Married Couples) (2011) Personal Exemption: $700 Dependent Exemption: $700 Earned Income Tax Credit (EITC): 4% -- 34% Refundable Notable capital gains preference Standard deduction phases out for high income levels Corporate Income Tax Features (2012) Range of Tax Rates: 7.90% Income Level at Which Top Rate Applies: All Combined Reporting: Yes Apportionment Factor (Payroll): 0% Apportionment Factor (Property): 0% Apportionment Factor (Sales): 100% Sales Tax Features (2012) State Sales Tax Rate: 5.00% Average Local Sales Tax Rate: 0.45% Average Combined State & Local Sales Tax Rate: 5.45% State Sales Tax Treatment of Groceries: Exempt Local Sales Tax Treatment of Groceries: Exempt Number of Services Taxed: 76 out of 168 surveyed Streamlined Sales Tax Membership: Full Vendor Compensation available without ceiling Property Tax Features (2012) Provides a circuit breaker for homeowners and renters of all ages Provides a non-refundable income tax credit (up to $300) designed to offset property taxes paid. Other Tax & Revenue Features (2012) Gasoline Tax Rate (per gallon): $0.329 Diesel Tax Rate (per gallon): $0.329 Cigarette Tax Rate (per pack): $2.52 Estate or Inheritance Tax: No Net Lottery Sales Per Capita: $85 Tax Policy Oversight Tax Expenditure Report: Yes Tax Incidence Analysis Capability: Personal income tax only Last Updated October 4, 2012 Sources & Glossary