How does Wisconsin’s tax code compare? Wisconsin has a graduated state individual income tax, with rates ranging from 3.50 percent to 7.65 percent. Wisconsin has a 7.9 percent corporate income tax rate. Wisconsin also has a 5.00 percent state sales tax rate and an average combined state and local sales tax rate of 5.70 percent. Wisconsin has a 1.38 percent effective property tax rate on owner-occupied housing value.
Wisconsin does not have an estate tax or inheritance tax. Wisconsin has a 32.9 cents per gallon gas tax rate and a $2.52 cigarette excise tax rate. The State of Wisconsin collects $5,700 in state and local tax collections per capita. Wisconsin has $8,464 in state and local debt per capita and has a 100 percent funded ratio of public pension plans. Wisconsin’s tax system ranks 19th overall on the 2025 State Tax Competitiveness Index.
Each state’s tax code is a multifaceted system with many moving parts, and Wisconsin is no exception. The first step towards understanding Wisconsin’s tax code is knowing the basics. How does Wisconsin collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures 2024: How Does Your State Compare?
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The State Tax Competitiveness Index enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare. While there are many ways to show how much state governments collect in taxes, the Index evaluates how well states structure their tax systems and provides a road map for improvement.
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Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
2 min read
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Individual income taxes are a major source of state government revenue, accounting for more than a third of state tax collections. How do income taxes compare in your state?
8 min read
Graduated corporate rates are inequitable—that is, the size of a corporation bears no necessary relation to the income levels of the owners.
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The overall U.S. tax and transfer system is overwhelmingly progressive, and understanding the extent—and source—of that progressivity is essential for lawmakers considering the trade-offs associated with each tax policy decision.
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Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
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Individual income taxes are a major source of state government revenue, accounting for more than a third of state tax collections:
9 min read
While many factors influence business location and investment decisions, sales taxes are something within policymakers’ control that can have immediate impacts.
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