Coalition issues statement on new personal property tax bill
The Coalition to Repeal Wisconsin’s Personal Property Tax issued a letter Thursday to Gov. Tony Evers and the Wisconsin Legislature regarding a newly introduced bill, LRB 4737, that would repeal the state’s personal property tax.
The coalition, which advocated for the passage of the bill previously passed by the Legislature and vetoed by Evers, identified its concerns with LRB 4737, including the proposed funding plan to replace lost revenue, among other items. The group of trade and business associations — which includes the Wisconsin Newspaper Association — noted it believes the items are not relevant to the main issue and only bring unnecessary politics into an otherwise bipartisan tax cut.