Taxes paid by Wisconsinites as a share of personal income have fallen in the last two decades by more than two percentage points, one of the largest decreases of any state.
Wisconsin state budget reserves recently hit their highest level in four decades, as corporate tax collections grew at their fastest rate in over 50 years.
As Wisconsin’s medical marijuana debate ramps up, the track record for other states that legalized it in similar fashion suggests it is unlikely that doing so here would quickly lead to recreational legalization.
If marijuana is legalized for medical purposes in Wisconsin, then taxed and made widely available, it remains unlikely that it would provide a transformative source of revenue for the state.
Metro Milwaukee compares favorably to peer metro areas in its talent pool of knowledge workers, including in science, engineering, and technology-dependent fields, but lags in key measures of entrepreneurship, including small-business creation, venture capital funding, and minority-owned businesses.
In the past five years, Wisconsin’s largest school districts and counties together shed more than $779 million in potential costs for health benefits for their retirees.
Robust growth in property values in Wisconsin in 2019, coupled with modest increases in local property tax levies, caused property tax rates to decrease statewide for the fifth straight year.
As Wisconsin’s demographic makeup skews older, its leaders must consider measures to ensure its workforce can support future economic growth.
The number of working-age individuals living in Wisconsin has declined for several straight years, adding to concerns about workforce challenges.
State law does not provide Wisconsin municipalities with access to financing tools used for economic development in other states.
34 Schroeder Ct., Suite 220
Madison, WI 53711
(608) 283-7620