Wisconsin has the seventh-highest state-local tax burden in the nation according to a new study by the Tax Foundation in Washington D.C. State and local taxes make up 12.3 percent of income in Wisconsin.
The Tax Foundation writes, “Since 1970 Wisconsin taxpayers have paid a comparatively high state-local tax burden, never ranking out of the top ten. However, since 2000 Wisconsin has fallen three places in the ranking as taxpayers in states such as neighboring Ohio have started paying more.”
Wisconsin has been in the top ten in state-local tax burdens for 37 years, and the ranking would be even worse if not for higher taxes in Ohio that has the fifth-highest tax burden in America. The report reinforces that Wisconsin has made little, if any, progress in reducing its propensity to tax and spend, an economically damaging practice that must stop.
Nationally, the Tax Foundation reports, “Overall, state and local tax burdens will fully consume 11 percent of the nation's income in 2007—a new record. The previous high occurred in 2005 at 10.9 percent.”
You can see the Tax Foundation report, “State and Local Tax Burdens Hit 25-Year High,”
here.
