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Tax Burden Hits New Low

Tax Burden Hits New Low

Wisconsin’s tax burden is at its lowest level, ever.

A new report from the Wisconsin Policy Forum says last year’s billion-dollar state income tax cut, and Wisconsin’s rules against increasing property taxes means the amount of money each taxpayer is paying in taxes is smaller than ever before. Taxpayers are still paying a lot, over 35 billion-dollars in state and local taxes last year alone. The report says Personal income taxes are still the biggest share, followed by sales taxes, then corporate income taxes.

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