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August 26, 2013

New Fed Figures for 2011 Show Wisconsin Taxes 10th Highest Nationally Taxes as Percent of Income Rise to 11.8%, Rank Falls from Ninth

Wisconsin Taxpayers Alliance (PDF):

Wisconsin's state-local tax burden rose from 11.7% to 11.8% of income but its rank fell from 9th to 10th, according to U.S. Census Bureau fi gures. Fiscal year 2011 fi gures were released today and analyzed by the Wisconsin Taxpayers Alliance (WISTAX), a nonpartisan, nonprofi t policy research organization dedicated to citizen education.

In addition to Wisconsin, state-local taxes relative to income rose in 36 other states. Nationally, that percentage rose from 10.7% to 10.9%. Neighboring Illinois saw its tax burden jump from 10.3% (27th) to 11.0% (16th) of income. Minnesota's taxes climbed from 11.3% (14th) to 11.9% (8th) of income. Minnesota's jump in rank explains Wisconsin's drop from 9th to 10th.

"One interesting phenomenon is the increasing similarity of states in the upper midwest," said WISTAX President Todd A. Berry. "In 2011, ranks for Wisconsin, Minnesota, Illinois, and Iowa were bunched between 8th and 17th."

Related: A Public Hearing on the Madison Schools' Proposed 4.5% Property Tax Increase Monday, No Mention of Last Year's Significant State Tax Dollar Funding Increase.

Posted by Jim Zellmer at August 26, 2013 12:57 AM
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