Monday, January 25, 2010

WI DofRev Report: December 2009

Mixed news, but nothing surprising.

Individual Income Tax 12/09 v. 12/08, up 3.8%

BUT:

Year-over-year Individual Income Tax collections down 5.4%
.

(Both above using "adjusted" figures.)

Sales Tax down 0.6% 12/09 v. 12/08

AND:

Sales tax down 7.5% Year over year.

Corporate income tax up 1.1% 12/09 v. 12/08

AND:

Corpoate income tax up 9% Year over year.

Grand totals:

Total Tax Revenues up 3.0% 12/09 v 12/08, BUT Down 4.4% year-over-year

2 comments:

jimspice said...

Guess the top bracket should start pulling its weight.

jimspice said...

The link might be useful: http://bit.ly/8GxFdD