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July 24, 2011

K-12 Tax & Spending Climate: Wisconsin Ranks #4 in Tax Burden

Tax Foundation

For nearly two decades the Tax Foundation has published an estimate of the combined state-local tax burden shouldered by the residents of each of the 50 states. For each state, we calcu­late the total amount paid by the residents in taxes, then divide those taxes by the state's total income to compute a "tax burden." We make this calculation not only for the most recent year but also for earlier years because tax and income data are revised periodically by govern­ment agencies.

The goal is to focus not on the tax collec­tors but on the taxpayers. That is, we answer the question: What percentage of their income are the residents of this state paying in state and local taxes? We are not trying to answer the question: How much money have state and local governments collected?

Posted by Jim Zellmer at July 24, 2011 1:30 AM
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