% Tax Cut Tax Cut Percentage from Acts 9 and 10 Rate Changes, Tax Year 2020 (SINGLE FILERS) 14% Percentage Rate Cut 12% 12% 12% 10% 9% 8% 8% 6% 6% 6% 8% 7% 6% 5% 4% 3% 3% 2% 2% 1% 1% 1% 1% 0% 0% 4% 2% 1,000,000 and over 300,000 to 500,000 250,000 to 300,000 500,000 to 1,000,000 200,000 to 250,000 150,000 to 200,000 125,000 to 150,000 80,000 to 90,000 100,000 to 125,000 70,000 to 80,000 90,000 to 100,000 60,000 to 70,000 50,000 to 60,000 40,000 to 50,000 30,000 to 40,000 25,000 to 30,000 20,000 to 25,000 15,000 to 20,000 Under $5,000 5,000 to 10,000 10,000 to 15,000 0% Wisconsin Income Category Tax Cut Percentage from Acts 9 and 10 Rate Changes, Tax Year 2020 (MARRIED FILERS) 16% 14% 14% 12% 11% 10% 10% 8% 8% 6% 4% 7% 6% 5% 3% 4% 3% 3% 3% 4% 4% 3% 2% 2% 2% 1% 1% 0% 0% 1,000,000 and over 500,000 to 1,000,000 300,000 to 500,000 250,000 to 300,000 200,000 to 250,000 150,000 to 200,000 125,000 to 150,000 100,000 to 125,000 90,000 to 100,000 80,000 to 90,000 70,000 to 80,000 60,000 to 70,000 50,000 to 60,000 40,000 to 50,000 30,000 to 40,000 25,000 to 30,000 20,000 to 25,000 5,000 to 10,000 15,000 to 20,000 10,000 to 15,000 0% Wisconsin Income Category Tax Cut Percentage from Acts 9 and 10 Rate Changes, Tax Year 2020 (ALL FILERS) 14% 11% 12% 12% 8% 8% 6% 9% 9% 10% 4% 5% 7% 6% 6% 5% 5% 4% 4% 3% 3% 2% 2% 2% 1% 1% 0% 0% Wisconsin Income Category 1,000,000 and over 300,000 to 500,000 500,000 to 1,000,000 250,000 to 300,000 200,000 to 250,000 150,000 to 200,000 125,000 to 150,000 90,000 to 100,000 100,000 to 125,000 80,000 to 90,000 70,000 to 80,000 60,000 to 70,000 50,000 to 60,000 40,000 to 50,000 30,000 to 40,000 25,000 to 30,000 20,000 to 25,000 5,000 to 10,000 15,000 to 20,000 0% 10,000 to 15,000 6% 6% 7% 8% 9% 12% 12% 8% 6% 5% 4% 3% 3% 2% 2% 1% 1% 1% 1% 0% 0% 5% 3% 3% 3% 3% 4% 7% 10% 14% 11% 8% 6% 5% 4% 4% 3% 2% 2% 1% 1% 0% 0% 3% 4% 5% 6% 8% 9% 11% 12% 9% 7% 6% 5% 5% 4% 3% 3% 2% 2% 1% 1% 0% 0% 3% Under $5,000 0 1 4 13 32 72 130 139 139 139 139 140 139 139 138 138 137 137 136 132 121 66 0 2 3 4 5 11 44 136 183 185 186 187 188 188 188 188 187 187 186 184 179 139 0 1 4 12 27 60 109 138 156 161 167 172 176 179 182 182 181 181 179 177 169 94 Under $5,000 Average Percentage Rate Cut Act 10 Budget & Act 10 (4.0 →3.74, Net Tax Budget (5.84 → 5.21) (4.0 →3.74, 5.21 → 4.91) 5.84 → 4.91) Returns Wisconsin AGI Count Amount Count Amount Count Amount Count Amount 389,680 -152,749,639 30,417 2,232,537 7,766 27,300 25,841 104,134 26,413 131,433 184,605 1,341,864,033 21,522 4,082,348 6,706 58,703 20,219 190,859 20,334 249,563 154,420 1,916,197,714 65,547 8,359,112 7,307 102,655 62,054 469,085 62,164 571,740 140,303 2,452,480,167 103,935 22,655,382 8,482 198,554 103,572 1,681,775 103,620 1,880,329 138,185 3,107,455,469 133,296 47,635,352 47,777 607,990 133,225 3,850,415 133,284 4,458,405 133,008 3,654,598,330 131,962 82,623,000 126,888 3,820,399 131,711 5,810,760 131,954 9,631,159 238,343 8,304,197,892 237,168 258,621,667 237,135 16,068,818 235,377 14,806,171 237,155 30,874,989 182,692 8,172,300,846 181,973 318,834,834 181,961 13,500,548 180,901 11,933,927 181,966 25,434,475 127,076 6,944,274,569 126,744 304,565,302 126,718 9,401,476 125,939 8,302,875 126,730 17,704,351 84,377 5,453,982,326 84,199 256,310,889 84,191 6,248,341 83,626 5,516,027 84,194 11,764,367 52,486 3,918,388,973 52,356 192,293,312 52,350 3,885,137 52,015 3,430,005 52,353 7,315,142 34,424 2,915,065,586 34,366 147,282,404 34,360 2,551,430 34,165 2,250,849 34,362 4,802,279 23,514 2,225,457,437 23,457 114,842,362 23,451 1,740,777 23,360 1,537,577 23,455 3,278,354 31,301 3,462,500,064 31,215 182,575,439 31,207 2,310,424 31,023 2,037,237 31,210 4,347,661 14,044 1,910,165,828 13,996 102,588,008 13,986 1,032,602 13,894 910,831 13,994 1,943,433 12,005 2,053,174,999 11,949 111,789,052 11,939 878,324 11,903 776,067 11,946 1,654,391 5,224 1,159,966,628 5,188 64,130,075 5,184 380,043 5,173 336,275 5,188 716,318 2,842 775,021,289 2,802 43,003,173 2,801 205,871 2,800 182,730 2,802 388,601 4,252 1,608,919,564 4,195 95,492,631 4,189 305,508 4,185 271,673 4,193 577,181 2,289 1,561,863,512 2,225 93,768,498 2,221 160,413 2,222 142,648 2,223 303,061 1,461 6,357,948,923 1,341 298,551,225 1,336 93,691 1,337 83,281 1,338 176,973 1,956,530 69,143,074,510 1,299,852 2,752,236,603 1,017,957 63,579,005 1,284,543 64,625,201 1,290,878 128,204,206 84,899 -721,942,861 13,813 1,648,243 8,918 21,413 9,100 20,846 10,707 42,259 29,513 217,517,058 7,066 2,535,452 6,121 35,125 6,536 35,186 6,777 70,311 29,091 362,678,494 5,074 3,030,615 4,519 45,045 4,825 45,794 4,964 90,839 27,258 476,261,568 4,120 3,324,374 3,668 53,086 3,988 54,553 4,065 107,639 29,873 673,479,412 5,650 3,901,165 3,360 66,702 5,401 75,701 5,455 142,403 35,316 973,810,349 16,696 5,783,219 3,272 82,802 16,604 303,277 16,659 386,079 75,659 2,651,087,545 70,295 32,082,772 33,418 630,786 70,144 2,706,767 70,260 3,337,553 75,277 3,387,630,984 74,522 74,014,266 74,484 4,924,071 74,344 5,291,259 74,504 10,215,330 75,800 4,170,158,185 75,291 121,959,003 75,255 7,346,164 75,091 6,496,737 75,273 13,842,901 77,107 5,012,228,270 76,792 174,022,337 76,777 7,547,401 76,674 6,687,181 76,785 14,234,582 74,538 5,589,044,211 74,318 216,912,108 74,313 7,347,309 74,262 6,515,626 74,315 13,862,935 72,706 6,177,282,160 72,568 259,697,583 72,548 7,198,811 72,519 6,392,522 72,558 13,591,333 70,624 6,706,714,864 70,500 298,948,337 70,496 7,013,077 70,467 6,230,311 70,497 13,243,388 146,359 16,376,015,451 146,198 775,404,957 146,180 14,562,229 146,140 12,935,566 146,191 27,497,796 98,294 13,412,610,057 98,201 663,065,478 98,192 9,792,209 98,151 8,695,126 98,196 18,487,335 97,466 16,708,770,245 97,359 852,155,271 97,353 9,697,038 97,306 8,612,110 97,357 18,309,148 41,380 9,179,079,548 41,315 482,627,647 41,307 4,100,487 41,287 3,641,122 41,312 7,741,610 20,644 5,626,752,477 20,595 301,913,424 20,589 2,041,540 20,584 1,813,047 20,593 3,854,587 29,254 11,025,143,944 29,153 616,409,093 29,145 2,873,803 29,136 2,553,590 29,148 5,427,392 14,803 10,000,066,160 14,712 608,692,563 14,706 1,441,600 14,706 1,281,573 14,712 2,723,173 7,036 18,910,394,394 6,921 1,061,338,787 6,918 667,010 6,915 592,921 6,920 1,259,931 1,212,896 136,914,782,516 1,021,158 6,559,466,696 961,538 87,487,708 1,014,181 80,980,816 1,017,248 168,468,524 474,579 -874,692,500 44,229 3,880,780 16,684 48,713 34,941 124,980 37,119 173,693 214,119 1,559,381,091 28,588 6,617,801 12,827 93,828 26,754 226,045 27,111 319,873 183,511 2,278,876,208 70,620 11,389,727 11,826 147,700 66,879 514,879 67,129 662,579 167,561 2,928,741,735 108,054 25,979,757 12,150 251,640 107,560 1,736,328 107,685 1,987,968 168,058 3,780,934,881 138,946 51,536,517 51,138 674,692 138,626 3,926,116 138,739 4,600,808 168,323 4,628,408,680 148,658 88,406,219 130,159 3,903,202 148,315 6,114,037 148,613 10,017,238 314,002 10,955,285,436 307,463 290,704,439 270,553 16,699,604 305,521 17,512,938 307,415 34,212,542 257,969 11,559,931,830 256,495 392,849,101 256,446 18,424,619 255,246 17,225,186 256,469 35,649,805 202,876 11,114,432,754 202,034 426,524,306 201,973 16,747,640 201,030 14,799,612 202,003 31,547,252 161,483 10,466,210,596 160,992 430,333,226 160,968 13,795,742 160,301 12,203,208 160,979 25,998,950 127,024 9,507,433,185 126,674 409,205,420 126,663 11,232,446 126,277 9,945,631 126,668 21,178,077 107,131 9,092,347,746 106,933 406,979,987 106,908 9,750,241 106,684 8,643,371 106,920 18,393,612 94,138 8,932,172,301 93,957 413,790,699 93,947 8,753,854 93,827 7,767,888 93,952 16,521,742 177,659 19,838,515,515 177,413 957,980,396 177,387 16,872,654 177,163 14,972,803 177,400 31,845,457 112,338 15,322,775,885 112,197 765,653,486 112,178 10,824,811 112,045 9,605,957 112,189 20,430,768 109,471 18,761,945,244 109,309 963,944,323 109,292 10,575,362 109,209 9,388,177 109,304 19,963,540 46,604 10,339,046,176 46,502 546,757,722 46,492 4,480,530 46,460 3,977,397 46,500 8,457,928 23,485 6,401,773,766 23,397 344,916,597 23,390 2,247,411 23,384 1,995,777 23,395 4,243,187 33,506 12,634,063,509 33,348 711,901,724 33,334 3,179,311 33,321 2,825,262 33,341 6,004,573 17,092 11,561,929,672 16,938 702,461,061 16,928 1,602,012 16,929 1,424,222 16,936 3,026,234 8,497 25,268,343,318 8,262 1,359,890,013 8,254 760,701 8,253 676,202 8,258 1,436,903 3,169,427 206,057,857,027 2,321,011 9,311,703,300 1,979,495 151,066,713 2,298,724 145,606,017 2,308,126 296,672,730 Percentage Rate Cut Unmarried Married Total Income Class Under $5,000 5,000 to 10,000 10,000 to 15,000 15,000 to 20,000 20,000 to 25,000 25,000 to 30,000 30,000 to 40,000 40,000 to 50,000 50,000 to 60,000 60,000 to 70,000 70,000 to 80,000 80,000 to 90,000 90,000 to 100,000 100,000 to 125,000 125,000 to 150,000 150,000 to 200,000 200,000 to 250,000 250,000 to 300,000 300,000 to 500,000 500,000 to 1,000,000 1,000,000 and over Total Under $5,000 5,000 to 10,000 10,000 to 15,000 15,000 to 20,000 20,000 to 25,000 25,000 to 30,000 30,000 to 40,000 40,000 to 50,000 50,000 to 60,000 60,000 to 70,000 70,000 to 80,000 80,000 to 90,000 90,000 to 100,000 100,000 to 125,000 125,000 to 150,000 150,000 to 200,000 200,000 to 250,000 250,000 to 300,000 300,000 to 500,000 500,000 to 1,000,000 1,000,000 and over Total Under $5,000 5,000 to 10,000 10,000 to 15,000 15,000 to 20,000 20,000 to 25,000 25,000 to 30,000 30,000 to 40,000 40,000 to 50,000 50,000 to 60,000 60,000 to 70,000 70,000 to 80,000 80,000 to 90,000 90,000 to 100,000 100,000 to 125,000 125,000 to 150,000 150,000 to 200,000 200,000 to 250,000 250,000 to 300,000 300,000 to 500,000 500,000 to 1,000,000 1,000,000 and over Total