Wisconsin's state and local tax ranking has dropped to its lowest level since 1961, according to an annual report released today by the Wisconsin Department of Revenue.
The report on Wisconsin state and local government tax rankings shows that Wisconsin ranks 15th among the states as measured by taxes per $1,000 personal income and ranks 21st on a per capita basis - the lowest since Wisconsin adopted the general sales tax.
Wisconsin's rankings are their lowest in nearly 50 years and have improved for six consecutive years, unprecedented in state history, the report stated. When considering all revenue sources, Wisconsin ranks 24th per $1,000 personal income and 25th per capita.
"We have worked hard year after year to hold the line on taxes and lower Wisconsin's tax ranking through deliberate policies set forth by Gov. (Jim) Doyle," Revenue Secretary Roger Ervin said. "As other states increased taxes in the face of tough budgets, Gov. Doyle held the line on taxes and provided tax cuts that will total $3.7 billion for businesses, middle class families and senior citizens. The governor lowered our state's tax rankings while providing for priorities like education, health care and economic development."
In addition, a recently released Ernst and Young study prepared for the Council on State Taxation shows Wisconsin's business tax ranking now ranks 30th – well below the national average.
The DOR tax report is available at http://www.revenue.wi.gov/ra/10txrank.pdf.
The Council on State Taxation report is available at http://cst.informz.net/cst/archives/archive_730847.html.
Wisconsin’s tax ranking drops to lowest levels in 49 years
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