Taxes Archives

Kind knocks GOP tax reform approach, skeptical legislation will pass this year

Friday, Oct 20, 2017

U.S. Rep. Ron Kind knocked the GOP approach to overhauling the tax system this week, saying the introduction of a back-up plan shows the party’s failed to put in the “hard work” to develop a consensus. The La Crosse Dem’s comments came in response to news this week that U.S. Sen. Ron Johnson, R-Oshkosh, is working on a separate “plan B” package because the GOP tax overhaul framework is “going to b… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options. Username

Duffy predicts GOP tax plan would lead to ‘explosive economic growth’

Wednesday, Oct 11, 2017

U.S. Rep. Sean Duffy today predicted the GOP tax plan would lead to “explosive economic growth” if it comes to fruition. And he called the proposal “light years ahead of the strategy on health care” because of the united front among Republicans in the House, the Senate and the White House — a signal, he said, that taxes would not go the way of a repeal-and-replace plan. “I think there’s a real sen… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Budget’s tax changes would impact out-of-state income, Kwik Trip yogurt, beekeepers

Friday, Sep 22, 2017

High-income filers will pay more in Wisconsin income taxes, Kwik Trip-made yogurt will no longer be subject to state sales tax and beekeepers will get a break under the budget Gov. Scott Walker signed into law this week. For the most part, the focus on this budget when it comes to taxes has been on the push to ensure the property tax bill for a median-valued home will be lower in 2018 than it was … Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the

State tax collections come in $14 million higher than originally expected

Friday, Sep 8, 2017

State tax collections in 2016-17 came in $14 million higher than had been expected in January, a bump of 0.1 percent, according to the Legislative Fiscal Bureau. The nearly $15.2 billion collected in 2016-17 was up 2.8 percent compared to the previous year. The final individual income tax collections of $8.04 billion came in $10.5 million less than had been estimated. But sales and corporate taxes… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Evers files to run for guv after hiring possible campaign manager, but says no final decision

Friday, Jul 21, 2017

State Superintendent Tony Evers today formally registered to run for guv, the latest Dem to make moves toward what could be a crowded field for a shot to take on Scott Walker. The filing comes on the heels of Evers, who won re-election this spring, hiring Nathan Henry to run a possible campaign, according to several Dem sources. Evers said in a statement the filing was the next logical step to tak… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Sources: Potential K-12 deal would boost aid, reduce property taxes

Friday, Jun 23, 2017

GOP Joint Finance Committee members have discussed a K-12 package that would keep Gov. Scott Walker’s per pupil boost while meeting the guv’s insistence that property tax bills in 2018 be lower than they were in 2014, sources tell WisPolitics.com. The framework for an education deal also would create a path for low-spending school districts to increase their spending caps, a goal of Assembly Repub… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Pocan: GOP will pay ‘big, big price’ for health care bill in 2018

Friday, Jun 9, 2017

U.S. Rep. Mark Pocan this week railed against the House GOP health care bill, predicting Republicans will pay a “big, big price” at the polls next year. The co-chair of the House Progressive Caucus D-Town of Vermont, told a WisPolitics.com breakfast in DC that the Affordable Care Act isn’t perfect but Republicans have refused to work with Dems on fixing it. Instead, he said, Republicans are “so be… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Kleefisch: Walker’s budget reflects residents’ desires

Friday, Jun 9, 2017

Lt. Gov. Rebecca Kleefisch has a message for fellow Republicans looking to raise the gas tax despite Gov. Scott Walker’s veto threat: Trust us, the voters aren’t interested. Kleefisch quickly ticks off stats about the number of listening sessions Walker did ahead of putting together this budget as well as the miles she drives in Wisconsin during a typical year — enough to complete the nearly 25,00… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Agreement on transportation, taxes needed to break budget stalemate

Friday, Jun 9, 2017

To break the state budget impasse, GOP lawmakers need three dominoes to fall. The most important for the general fund piece of the budget is an agreement on the benchmark they’ll use for the property taxes on the median-valued home in 2018. The most difficult, budget watchers say, will be transportation. With the Joint Finance Committee taking a hiatus this week and the close of the fiscal year ra… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

State DOR reaches tax agreement with Airbnb

Thursday, Jun 8, 2017

The state Department of Revenue has reached a tax agreement with Airbnb, which will now collect occupancy taxes from people who use its app to rent out rooms or homes on a short-term basis. The company, which says it has 3,300 active hosts in Wisconsin, says the agreement would result in at least hundreds of thousands of dollars to the state. Airbnb has faced regulatory battles around the world wi… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

LFB’s new figures on lottery tax credit show key guv pledge unmet in budget

Friday, Jun 2, 2017

The typical homeowner would now see $7 less from the lottery tax credit over the next two years following a drop in sales, according to the Legislative Fiscal Bureau. That means the budget Gov. Scott Walker sent to lawmakers now falls short of his pledge that property tax bills that go out in 2018 will be lower than those homeowners received in 2014. The guv has vowed to veto the entire budget if … Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription

Neitzel: Self-insurance would save more than $100 million

Friday, May 26, 2017

Though lawmakers have already indicated they plan to spike the proposal, Department of Administration Secretary Scott Neitzel today touted up to $103 million he said the state would save by moving to self-insurance. He also warned the state is likely to see a 10.4 percent increase in how much it has to pay insurers for employee premiums next year, above the 7 percent Walker’s budget had anticipate… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Bill to eliminate personal property tax sees support at public hearing

Thursday, May 25, 2017

A bill that would eliminate the state’s personal property tax starting next year was largely supported Wednesday in a public hearing, where backers touted it as a business-friendly measure that would remove unnecessary burdens. But Dems on the Senate committee worried the funds wouldn’t be completely backfilled by state aid, leaving municipalities and property taxpayers covering the costs in the f… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

Vos surprised by Walker’s ‘edicts’ on Twitter about budget

Monday, May 22, 2017

Gov. Scott Walker again took to Twitter today to promote the lower taxes proposed in his budget, touting his “reform dividend” as evidence that “now is NOT the time to raise taxes on the hard-working people of WI.” And he repeated his Twitter pledge to veto the entire budget if it results in a property tax increase, issuing a warning to some GOP lawmakers who have considered eliminating Walker’s p… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.

AFP digital ad backs Walker plan to nix state property tax

Wednesday, May 17, 2017

Americans for Prosperity’s new digital ad says “some legislators won’t budge” on Gov. Scott Walker’s call to eliminate the state property tax. “They should stand with Governor Walker and put more money back in your pocket,” the narrator says. In the ad, the narrator says Wisconsin has one of the worst property tax burdens in the country and has a chance to eliminate the state property tax. The nar… Please log in to access subscriber content. If you don’t have a subscription, click here for a WisPolitics free trial and to view the different subscription options.