$1.74B Tax and Fee Increases in Governor Doyle's Proposed Wisconsin 07-09 Budget

Bob Lang, Director: Legislative Fiscal Bureau, 92K PDF:

A number of legislators have requested information concerning state tax and fee changes included in the 2007-09 budget recommendations of the Governor. This memorandum responds to those inquiries.

The attached table provides a brief description of each state tax and fee modification proposed in the Governor's bill. The table consists of three parts: (1) tax increases and decreases; (2) fee increases and decreases; and (3) measures which would enhance the collection of current taxes or fees. Each entry in the table includes the agency name, the Legislative Fiscal Bureau's budget summary document item that describes the change in more detail, a summary of the proposed modification, and an estimate of the revenue change due to the tax or fee modification.

In the table, GPR represents general fund revenue. Revenue to a program revenue account is signified by PR and SEG signifies revenue to a segregated fund. "Unknown" means that no estimate of the revenue impact is available at this time. The fiscal effects shown in the table reflect estimates made by the administration; estimates prepared by this office during budget deliberations may be different.

Steven Walters:

Democratic Gov. Jim Doyle's proposed two-year budget includes $1.74 billion in higher taxes and fees, according to a report by the Legislative Fiscal Bureau released Friday.

To put that number in perspective, it amounts to about $630 for each of the 2.76 million Wisconsin income tax filers for 2005.

The budget Doyle presented two years ago, before he won a second term in November, included $304 million in tax and fee increases, according to the non-partisan Fiscal Bureau.

The report says taxes would go up by a total of $1.37 billion by mid-2009, and listed the largest increases as:

Wisconsin residents paid 33.4% of income in taxes during 2006. More on Doyle's proposed budget here.

Posted by Jim Zellmer at March 10, 2007 6:12 AM
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