Wisconsin Business Advantages
Wisconsin is experiencing an economic comeback due to the state government's assistance in committing to economic development and making Wisconsin more competitive. Here are some of the reasons why:
Wisconsin's business taxes are among the lowest in the country. There are property tax exemptions for manufacturing machinery, computers, pollution control equipment etc.
Wisconsin provides tax credits for manufacturing energy and for research and developments expenditures.
Wisconsin has single sales factor tax treatment and a 60% capital gains exclusion. There is no unitary tax on a foreign owned corporation nor is there inheritance or gift tax.
Wisconsin's workers compensation rates rank among the lowest in the country.
Wisconsin's electric rates are among the lowest in the country including commercial and industrial water and sewer rates.
Wisconsin has one of the lowest cost of living indexes in the country.
There are 500 technical outreach training locations that assist companies in their specific training needs.
The University of Wisconsin receives more research and development money than any other public university in the country.
The University of Wisconsin spends more on the transfer of applicable technology to private industry than any other.
Wisconsin's technical College system offers more than 800 programs twice the national average.
Wisconsin is among the top 15 states in industrial production.