MADISON — Wisconsin
residents continue to spend less of their income on
taxes, according to a new report from the Wisconsin
The report found that
Wisconsinites spent 10.3% of their income on state and
local taxes in fiscal year 2019, down from 10.4% in
2018. The share of income consumed by taxes has
declined every year since 2011, the report said.
Tax revenues grew by
4.5% in fiscal year 2019, due mostly to a 6% increase
in state collections, the report said, marking the
biggest percentage increase since 2011. But the jump
was offset by a 5.1% increase in personal income in
2018, leaving residents better able to pay the higher
Local tax collections
grew 1.8%, which was below the rate of inflation and
less than a 1.9% increase in 2018. Local taxes as a
share of personal income dropped from 3.6% in 2018 to
3.5% in 2019, their lowest level in Forum records
dating back to 1970.
The report concludes
that sweeping changes to state and local taxes look
unlikely as long as state government remains divided.
Republicans currently control both legislative houses
and Democrat Tony Evers holds the governor's office.