POPULATION: 5,580,000

LABOR FORCE: 3,081,700

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Manufacturing, agriculture, forestry, tourism

EXPANDING INDUSTRIES: Trade, finance, biotechnology, high-technology manufacturing, printing, healthcare

COLLEGE GRADUATES: (Age 25 and over) 22.8%

BASIC BUSINESS TAXES:
Single-factor tax treatment

Corporate Income Tax: 7.9 percent of net income

Sales and Use Tax: 5 percent of gross receipts from sales, leasing, or renting tangible personal property and certain services, with exemptions

Property Tax: Rates vary by taxing jurisdiction (towns, villages, cities, counties, school districts, & special districts); nonmanufacturing assessments are done at the local level at some percentage of market value; taxes are levied within taxing jurisdictions using the local assessment; property tax exemptions are offered for manufacturing machinery, equipment, inventories, machinery used exclusively for R&D, computers, and computer equipment; a sales tax exemption for equipment and energy used in the manufacturing process

BUSINESS INCENTIVES:
Brownfields Initiative
Community Development Block Grant Programs
Economic Development Tax Credit Programs (consolidated)
Industrial revenue bonds
Forward Innovation Fund
Low-interest loans
Training grants
Tax incremental financing
Wisconsin Entrepreneurial Network
Technology Commercialization Programs
Angel Investor Tax Credit Program
Early Stage Seed Investment Tax Credit Program