Neighboring Minnesota says the State of Wisconsin hasn’t made its final income tax reciprocity payment.
Minnesota officials say Wisconsin is a month and a half late in paying $58 million — the last payment under an income tax reciprocity agreement that then-Governor Tim Pawlenty canceled in 2009 because the two sides couldn’t reach agreement about an ongoing payment schedule. The final payment was due December 1st and reports say Governor Mark Dayton is preparing a letter to Wisconsin officials demanding payment now.
Wisconsin officials say they can’t pay up until the state’s next fiscal year begins July first. Meanwhile, Minnesota is charging the Badger State $4,500 a day in interest, meaning Wisconsin could owe another million if it doesn’t pay until July.
Bill Werner, MNN
