Austrian Business Taxes: One Number You Need to Know

40.6 percent: that’s the total amount of Austria’s taxes paid for by businesses. That’s also the 5th highest business tax liability in the developed world according to a new OECD study: https://tax.foundation/2IHs0H4 40.6 percent is a sign that the Austria’s corporate tax system is uncompetitive and overly burdensome to employers. 40.6 percent means: – Less […]

Wisconsin’s Economy Today – Legacy Costs

Discussing Wisconsin’s economy with Wisconsin Department of Revenue Chief Economist John Koskinen. Wisconsin’s legacy cost is low and that has improved our bond rating. https://www.revenue.wi.gov/Pages/MediaRoom/EconomyToday.aspx Transcript: Sound fiscal management is something as simple as pay your bills. Across the country state and local pension systems are short changed by 1.7 trillion with a T dollars. […]

Wisconsin’s Economy Today – Lower Tax Burden

Discussing Wisconsin’s economy with Wisconsin Department of Revenue Chief Economist John Koskinen. New data says Wisconsin’s state and local tax burden has dropped below the US average. https://www.revenue.wi.gov/Pages/MediaRoom/EconomyToday.aspx Transcript: It is no longer true that Wisconsin is a high tax state. The most recent data from the Bureau of Senses on state and local tax […]