The Economic Summit supported by the UW System, businesses and government heavily stressed venture capital. Again, this proposal discourages expansion and investment in the state, and moves in the wrong direction. High Tax Burden Wisconsin is ranked fifth highest in total tax burden. Corporate income taxes rank 15 th in the country. Subjecting custom computer software and services to the sales tax adds to the total tax burden of Wisconsin citizens and will likely move us up in terms of the corporate ranking.
Businesses already pay more than their fair share of taxes.
Surrounding States None of the surrounding states impose a sales tax on custom computer software. In an increasingly more competitive global environment, Wisconsin must be able to attract businesses in the future. Increasing taxes will be a detriment to Wisconsin's economy and its citizens. Furthermore, most of the surrounding states have completely eliminated the personal property tax on business and have moved more aggressively toward single sales factor apportionment. The combination of those trends in other states makes the decision easy for businesses to locate in those more business-friendly places.