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Monday, October 7, 2024

Residents and visitors to Wisconsin paid $18.7 billion in taxes in 2018

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Wisconsin collected $18.7 billion in taxes in 2018, a 3.4 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($9.1 billion) and sales and gross receipts taxes ($8.2 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

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.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2018 Wisconsin Tax Collections
Type of TaxAmount
Property taxes$163,446,000
Sales and gross receipts taxes$8,232,896,000
License taxes$1,182,001,000
Income taxes$9,061,928,000
Other taxes$102,658,000
General sales and gross receipts taxes$5,484,375,000
Selective sales and gross receipts taxes$2,748,521,000
Alcoholic beverages sales tax$62,498,000
Amusements sales tax$214,000
Insurance premiums sales tax$207,729,000
Motor fuels sales tax$1,051,479,000
Pari-mutuels sales tax$239,000
Public utilities sales tax$361,696,000
Tobacco products sales tax$617,415,000
Other selective sales and gross receipts taxes$447,251,000
Alcoholic beverages license$1,958,000
Amusements license$482,000
Corporations in general license$22,225,000
Hunting and fishing license$67,571,000
Motor vehicle license$518,115,000
Motor vehicle operators license$40,398,000
Public utilities license$65,805,000
Occupation and business license, nec$464,571,000
Other license taxes$876,000
Individual income taxes$8,151,462,000
Corporations net income taxes$910,466,000
Death and gift taxes$1,733,000
Documentary and stock transfer taxes$76,138,000
Severance taxes$10,667,000
Taxes, nec$14,120,000

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