APPENDIX I: Projected Growth vs. Cost
Revenue Generation
The CWI Mandate could generate $22.3 billion in additional income and
$1.32 billion in additional tax revenues for the state of Wisconsin.
- If Wisconsin’s PCI is raised to the level of Minnesota’s (an additional $4,071) it will generate an additional $22.3 billion annually in income and $1.32 billion in additional tax revenues.
The Cost of the plan
Provision |
(Cost in millions) |
Dairy Processing Facility Modernization Tax Credit |
$1.2 |
Growing the Rainy Day Fund |
$499.0* |
Education Tax Credit |
$23.1 |
Increasing Financial Aid |
$10.5 |
Electronic Medical Records |
$30.0 |
Wisconsin Manufacturing Extension Partnership |
$1.5 |
Increasing ACT 255 Credits |
$88.0 |
Capital Gains Tax Exclusion |
$12.3 |
Repeal of the Estate Tax |
$100 |
COST |
$765.6 million |
* a one time expenditure
Growing the bottom line
Revenue Generated |
$1,320.0 |
Cost |
-$756.6 |
Difference |
+ $563.4 |
|
