Quantcast

The Sconi

Wednesday, December 25, 2024

Q3 2022: Wisconsin's combined tax revenues down 54.9% since Q2 2022

Webp z3nhn5adeozjscs1z7y9g49afmoc

Secretary Peter W. Barca at Wisconsin Department of Revenue | Wisconsin Department of Revenue

Secretary Peter W. Barca at Wisconsin Department of Revenue | Wisconsin Department of Revenue

Wisconsin collected $4.6 billion in total tax revenues during the third quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.

The majority of the state’s tax revenue was collected through income taxes ($2.4 billion) and general sales and gross receipts taxes ($1.8 billion).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q3 2022 Wisconsin Tax Collections
Type of TaxAmount (millions)
Income Taxes$2,445
Sales and Gross Receipts Taxes$1,804
License Taxes$267
Other Taxes$32
Property Taxes$4

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS