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With those Grays dead, Arthur and Sean will finally escape

October 21, 2025

For businesses, gross income (or gross profit) is the sum of total receipts or sales minus the cost of goods sold (COGS)the direct costs of producing goods (AGI), and 55 percent of Wisconsin pass-through business income was reported on returns with more than $500,000 in AGI.[33] Under Wisconsins rate schedules (for single, joint, and head of household filers), we estimate that 67 percent of pass-through business income is subject to the top marginal rate, a high 7.65 percent tax on entrepreneurial activity