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1-6-22 wisconsin tax burden rises for first time in a decade

todayJanuary 6, 2022

MADISON, Wis. (AP) — A new report shows Wisconsin’s tax burden has increased for the first time in a decade. The nonpartisan Wisconsin Policy Forum released findings Wednesday that show total state and local taxes in Wisconsin grew to $34 billion last year, up 7.1% from 2020. The increase marked the first time in a decade the tax burden grew as a share of income. The report attributed the increase not to higher taxes but to pandemic-related economic activity, including the effect of federal stimulus dollars, and collecting state and local taxes on online and out-of-state retailers.

Written by: Radio Plus