Property tax relief could be on the way for Wisconsin homeowners.
A proposed state constitutional amendment would allow the public to decide if they should receive property tax relief. State Senator Dave Hansen (D-Green Bay), a sponsor of the measure, says the current system puts an unfair burden on the average homeowner of Wisconsin. He says corporations are able to find loopholes, which has middle class families paying 70 percent of the taxes in Wisconsin.
The amendment would exempt the first $60,000 of a home's value from property taxes. Hansen says that would save families an average of $569. He says the public should have a say on whether or not they'd like to see the tax system changed.
Hansen admits the plan could be costly to the state, if another source of tax revenue is not found. He says closing corporate tax loopholes could preserve the current levels of funding.