Conservatively Speaking
State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
Wisconsin is one of the biggest business taxers in the world
The nonpartisan research group, the Tax Foundation in Washington D.C. has released a study showing most states in America, including Wisconsin, tax businesses at a higher rate than any other country in the developed world.
Here is how the Tax Foundation came up with its findings. For each state, the Tax Foundation added the state’s corporate tax rate to the federal corporate tax rate. The results:
- 25 states, including Wisconsin have a combined corporate tax rate higher than top-ranked Japan.
- 35 states, including Wisconsin have a combined corporate tax rate higher than third-ranked Germany.
- 46 states, including Wisconsin have a combined corporate tax rate higher than fourth-ranked Canada.
- All 50 states have a combined corporate tax rate higher than fifth-ranked France.
Here is the Tax Foundation news release.
Here is the Tax Foundation full study.
This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.