Center for Research on the Wisconsin Economy
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.
3.3.22. Kim Ruhl. By many indicators, the Wisconsin economy has recovered to pre-pandemic levels or beyond, while inflation has run high both in absolute terms and relative to the rest of the United States.
2.10.22. Junjie Guo. This data brief reports the current status and the evolution of job openings and labor market tightness in the U.S. and Wisconsin.
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.
11.11.21. Noah Williams. In addition to income taxes, which were discussed in my previous brief, the other main source of general purpose revenue for the state of Wisconsin is the general sales tax.
11.4.21. Noah Williams. The state of Wisconsin has the oldest continuously operating state income tax in the United States. In this brief I discuss some of the history and background of the state income tax, as well as the current distribution of taxes and effective tax rates.
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.
9.3.21. Simeon Alder. This update includes a summary of the most recent weeks of applications for Employer Identification Numbers (EINs) in Wisconsin and five additional Midwestern states.