Rep. Macco suggests tax overhaul could include cutting $2.5 billion in state exemptions

Rep. John Macco, chairman of the Assembly Ways and Means Committee, suggests a comprehensive tax overhaul could include cutting $2.5 billion worth of state exemptions. “I think there’s several anomalies,” he said at panel discussion yesterday at the Metropolitan Milwaukee Association of Commerce. “So if you take a look at sales tax, we collect $5 million worth of sales tax, but we have $6 million ...