Boots & Sabers

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Owen

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0916, 23 Dec 16

Wisconsin Improves in Tax Rankings

Wisconsin is moving ever so slightly in the right direction. There’s still so much work to do.

After reaching 11.8 percent of income in 2011, Wisconsin’s state and local tax burden has declined for three consecutive years, the WTA reported, due largely to a drop in local taxes as a share of personal income.

“During 2011-14, Wisconsin’s local tax burden fell from 4.8 percent to 4.1 percent of income,” the analysis stated. “By comparison, state taxes as a share of personal income dropped less – 0.3 percentage points, from 7 percent to 6.7 percent. A tightening of property tax limits imposed by the state on local governments explains the drop in local tax burden.”

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0916, 23 December 2016

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