Wisconsin’s economy is one that is broad in scope, the days of dairy and cheese, while still important, are not the primary drivers. Our state is one in which people who come here, chose to live, work and play. Here are just a few of business reasons why you should choose Wisconsin as well:
- Wisconsin’s business taxes are among the lowest in the country due to property tax exemptions for manufacturing machinery and equipment, computers and computer equipment, inventories and pollution-control equipment.
- Wisconsin provides tax credits for energy used in manufacturing and for R&D expenditures.
- Wisconsin has single-sales-factor tax treatment and a 60% capital gains exclusion; no unitary tax on foreign-owned corporations; no inheritance and gift taxes.
- Wisconsin’s worker’s compensation rates for most industries consistently rank among the lowest in the country.
- Wisconsin electric rates are among the lowest in the country; commercial and industrial water and sewer rates are also among the lowest in the nation.
- Wisconsin has one of the lowest cost of living indices in the country.
- A Customized Labor Training Fund and more than 500 technical outreach training locations assist companies in their specific training needs.
- Wisconsin’s Technology Development Fund makes grants in support of university and industry R & D for new products and processes.
- The University of Wisconsin receives more research and development money than any other public university in the country.
- No public institution–anywhere–spends as much on transfer of applicable technology to private industry as the University of Wisconsin (Madison, WI).
- Wisconsin’s technical college system offers more than 800 degree programs and serves one out of every eight adults–twice the national average.
- Wisconsin is among the top 15 states in industrial production.
- We have a great football team in the Green Bay Packers, a winner in the smallest market in the NFL and the only publicly owned team in the NFL.
- The UW System educates almost 182,000 students on 26 campuses, and serves more than one million citizens through statewide extension programs.
- Wisconsin can assist you statewide in your search for suitable sites for business. The Wisconsin Department of Commerce handles statewide inquires, each County then has their own Economic Development Group, and often Wisconsin Cities have their own. (Click on the highlighted link to go to that respective page.)
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