Negative Income Tax For Corporate-personage Me, Big Fat Taxes And Fees On Little Old You: It's The Wisconsin Way

Negative Income Tax For Corporate-personage Me, Big Fat Taxes And Fees On Little Old You: It's The Wisconsin Way

Via Uppity Wisconsin:

Hey, all you hard-working, under-compensated Wisconsin folks: How would you like to pay a state income tax rate of 4.3 percent? Or, if that's too much, how about 2.2 percent? Still too rich for ya? Well, then, how about a Wisconsin state income tax of NEGATIVE ONE PERCENT? Yes, the state would PAY YOU a refund on zero taxes owed! Wow!

Well, it's happening, not for you but for major corporations headquartered right here in the Badger state. The above examples are just some of the averaged tax rates such corporations paid to the Wisconsin Department of Revenue over the past five years. Well-kno...

Continue reading...


Comments

We welcome relevant, respectful comments. Please refer to our Terms of Service for information on our posting policy.