Wisconsin’s unemployment insurance system still taxes paychecks like it’s 1932.
Look at your pay stub. You see federal, state, Social Security, Medicare, maybe a small line for unemployment insurance.
What you don’t see is the other half, the hidden side of that tax quietly shaving dollars off your paycheck.
It’s the part your employer pays — up to 12% on the first $14,000 of your wages — and it’s the reason your raise might’ve been smaller this year. Economists call it “tax incidence.” Regular people just call it common sense: if your boss pays more in taxes, you probably get less in your paycheck.
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