No. While online sales tax revenues did contribute to the surplus, the main drivers were federal pandemic relief aid, lower state spending and consumer price increases, according to a 2022 Wisconsin Policy Forum report.
Tag: tax
Posted inGovernment
Wisconsin GOP leader proposes flat income tax; Evers opposes
The Republican leader of the Wisconsin state Senate has proposed moving to a flat income tax rate of 3.25%. Democratic Gov. Tony Evers has vowed to block the proposal circulated Friday.
Posted inFact briefs
Were income taxes reduced by 15% for most taxpayers under Wisconsin Gov. Tony Evers?
Yes.
Under tax cuts signed by Wisconsin Democratic Gov. Tony Evers, 86% of taxpayers saw a 15% decrease in income taxes. It is estimated that the 2021-23 biennial budget signed by Evers provided tax relief to 2.4 million Wisconsinites — marking one of the largest tax cuts in the state’s history.