Taxes & Spending

The 2007-09 state budget created an individual income tax deduction for health insurance premiums paid by employees whose employer pays some portion of the employee’s

The 2013-15 state budget includes significant tax policy reforms that will improve the business climate in Wisconsin, including tax relief amounting to nearly $986 million

Under previous Wisconsin law, only C corporations were eligible to claim the federal research & development expense credit at the state level. The 2013-15 state

The 2013-15 state budget adopts federal rules for net operating losses for individual income tax.  Beginning in 2014, net operating losses can be carried forward

The 2013-15 state budget creates an appeals process by which a citizen may challenge an unreasonably high municipal fee in the state Tax Appeals Commission

If federal law is changed to allow the collection of state sales taxes on out-of-state retailers (the Marketplace Fairness Act), the 2013-15 state budget requires

Also known as the Manufacturers Tax Credit, the Manufacturing & Agriculture Credit (MAC) was established under the 2011-13 state budget with a phase-in period beginning

Prior to 2001, Wisconsin had automatically updated its state tax code to reflect changes made at the federal level, as many states do.  That year,

Governor Walker’s initial 2013-15 budget released in February 2013 proposed lowering the bottom three individual income tax brackets by $343 million during the two-year period. 

The 2013-15 state budget federalizes state rules pertaining to depreciation, Section 179 expensing, and depletion for property placed in service on or after January 1,