Donate
Search wpr.org
A fresh new WPR is coming. New schedules start May 20. Learn more -->
, , ,

Wisconsin Collects $17.3B In Taxes

Collections Are Up 7.4 Percent From Previous Year

By
tax professional holds tax forms
Tax professional and tax preparation firm owner Alicia Utley reaches for hard copies of tax forms while working to stay caught up at the start of the tax season rush in her offices at Infinite Tax Solutions, in Boulder, Colo. Brennan Linsley/AP Photo

A new report shows the state collected slightly more in taxes during the last fiscal year than the previous year.

The Legislative Fiscal Bureau released an analysis Monday that shows the state collected about $17.3 billion in the year that ended June 30, 2019. That figure is up 7.4 percent from the year that ended June 30, 2018.

Income taxes totaled nearly $9 billion and sales taxes totaled $5.7 billion.

Stay informed on the latest news

Sign up for WPR’s email newsletter.

This field is for validation purposes and should be left unchanged.

A 2018 state law that allows the state Department of Revenue to collect online sales tax for retailers who lack a physical presence in Wisconsin to exclude those taxes from final revenue calculations. Under that law, tax collections from 2018-19 were about $17.2 billion, $75.5 million more than the fiscal bureau projected in May 2019 that the state would take in.

© Copyright 2024 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Related Stories