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Wisconsin
By the Numbers

Wisconsin Below is a snapshot of key features of Wisconsin's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $34.7 billion
  • General Revenue as a Share of Income: 16.3%
  • Tax Revenue: $24.4 billion
  • Tax Revenue as Share of income: 11.5%
  • Personal Income Tax (Share of Tax Revenue): 23.7% (17 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 3.5 % ( 16 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 28.9 % ( 38 out of 51)
  • Property Tax (Share of Tax Revenue): 39.5 % ( 13 out of 51)
  • Other Taxes (Share of Tax Revenue): 2.4 % (48 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 4.6% - 7.75%
  • Standard Deduction: $9,410 ($16,940 for Married Couples) (2011)
  • Personal Exemption: $700
  • Dependent Exemption: $700
  • Earned Income Tax Credit (EITC): 4% -- 34% Refundable
  • Notable capital gains preference
  • Standard deduction phases out for high income levels
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 7.90%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
Sales Tax Features (2012)
  • State Sales Tax Rate: 5.00%
  • Average Local Sales Tax Rate: 0.45%
  • Average Combined State & Local Sales Tax Rate: 5.45%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: Exempt
  • Number of Services Taxed: 76 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • Vendor Compensation available without ceiling
  • Sales tax applies to digital goods and services
Property Tax Features (2012)
  • Provides a circuit breaker for homeowners and renters of all ages
  • Provides a non-refundable income tax credit (up to $300) designed to offset property taxes paid.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.329
  • Diesel Tax Rate (per gallon): $0.329
  • Cigarette Tax Rate (per pack): $2.52
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $85 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated October 4, 2012

Sources & Glossary