Tag: income tax rates

Wisconsin State Legislature recently unveiled a tax cut plan which (among other initiatives) expands the state’s second income tax bracket to cover higher earners. We present a comprehensive model of the Wisconsin economy and its tax system to account for the behavioral responses from households and firms.

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.

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.