Wisconsin ranks 21st in the country on its economic competitiveness, according to a new report from the Center for Community and Economic Development at UW-Madison’s Division of Extension. 

Wisconsin’s ranking places it behind surrounding states, including Minnesota (fifth), Michigan (13th), Illinois (16th) and Iowa (20th). 

The report reconsiders the notion that economic growth and competitiveness are always driven by lower taxes and business costs. In fact, higher tax rates generally indicated a more competitive economy.

“It suggests the traditional view of a positive business climate and competitiveness is wrong: higher taxes are not necessarily bad for economic performance,” the report said...