Good news, I suppose.
Individual income tax revenues are up $611 million over FY2010.
Sales/Use tax up $200 million over '10.
Corporate Income tax up $18 million over '10.
"Sin taxes" were off by $37 million, however--and cigarette taxes were off by $40 million, meaning that beer/wine taxes were up.
No surprise there; it's not very difficult to find cigarettes without paying the Wisconsin (or Federal) tax.
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1 comment:
Individuals tax revenues up $611m, corporate tax revenues up ONLY $18m? I could see how that IS good news to you!
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