Monday, May 04, 2020

Wisconsin Tax Haul Dives

The tax haul taken by the State of Wisconsin took a dive in March.  Adjusted individual income tax collections fell by 23% against last year's figures.

Overall General Purpose Revenues (taxes, not Fed grants) dropped an adjusted 6.3% from last year.

Sales tax revenue was up 6.2%--but April's numbers will be a lot worse.

However, Y-T-D revenues, raw and adjusted, are up over last year, with adjusted up 5.1%.

Wanna bet that takes a massive dump after April's numbers come in??

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