Center for Research on the Wisconsin Economy
6.26.23. Junjie Guo, Kim Ruhl and Ananth Seshadri. In this report we evaluate the economic impact of the Wisconsin State Legislature's Joint Finance Committee (JFC)'s plan to cut the state's individual income tax rates.
6.6.23. Junjie Guo. This paper provides forecasts for the United States and Wisconsin economies through the end of 2024.
5.17.23. Junjie Guo, Kim Ruhl and Ananth Seshadri. In this report we evaluate five options to lower the income tax rates in Wisconsin, which are higher than the rates in most other states.
5.15.23. Junjie Guo. Business applications for April 2023, adjusted for seasonal variation, were 5,229, a decrease of 1.88% from a month ago.
4.19.23. Junjie Guo. Business applications for March 2023, adjusted for seasonal variation, were 5,335, a decrease of 0.6% from a month ago.
2.24.23. Junjie Guo, Kim J. Ruhl and Ananth Seshadri. This CROWE report presents a model of the Wisconsin economy and its tax system, and shows that reducing the state’s individual income tax rates will increase output and household consumption significantly.
11.1.22. Junjie Guo and Kim J. Ruhl. It is widely believed that sales taxes are regressive: The total sales tax paid by a low-income household represents a greater share of its income compared with a high-income household.
1.19.22. Junjie Guo and Noah Williams. This paper provides forecasts for the United States and Wisconsin economies in 2022. For each economy, we estimate a mixed-frequency vector auto-regression model using data both before March 2020 and after June 2020, with the extreme observations between March and June 2020 dropped to eliminate their impacts on the model estimates.
12.16.21. Noah Williams. The state of Wisconsin has the oldest continuously operating state income tax in the United States. In this report I develop and analyze a plan to dramatically change that history.
9.8.21. Junjie Guo, Noah Williams, Zhuoer Ren, and Qi Yang. We study how the state corporate tax rate and 15 measures of the state corporate tax base have been evolving since 1980, with a particular focus on changes in the last decade.