Budget Provision Would Close Dark Store Tax Loophole Print
News
Written by Wisconsin Senate, Kate Constalie   
Tuesday, 05 February 2019 16:43

menards-wiHuge win for homeowners and small businesses in Wisconsin predicted.


MADISON, WI – All across Wisconsin, large corporate retailers have taken advantage of the Dark Store tax loophole that allows them to shift their property tax liability onto homeowners and small businesses. In an effort to ensure tax fairness for working families and seniors, Governor Evers has announced that the 2019-2021 budget will include a provision to close this loophole.

jen-shillingSenate Democratic Leader Jennifer Shilling released the following statement after Gov. Evers announcement:

“Closing the Dark Store loophole will be a huge win for homeowners and small businesses in Wisconsin. This issue is impacting municipalities of all sizes across the state and it’s one of the reasons we saw a jump in property taxes last year. Given the overwhelming public support for closing this loophole, it’s clear that Gov. Evers is listening to the people of Wisconsin and connecting the dots as he drafts the state budget. Senate Democrats welcome this new era of restoring tax fairness and protecting Wisconsin communities, seniors and working families.”

Last Updated on Wednesday, 13 February 2019 17:23