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You are here: Home / Taxes / Warnings about a plan to cut school taxes

Warnings about a plan to cut school taxes

February 6, 2009 By WRN Contributor

A proposed constitutional amendment to target property tax relief to homeowners is coming under attack from perhaps an unlikely source: Wisconsin Property Taxpayers, Incorporated.

The proposal from legislative Democrats aims to amend the state constitution to exempt the first $60,000 of a home's value from school-based property tax rolls.

Spokesman Mike Birkley says the proposal would cost the state over a half billion dollars in lost school taxes. He questions where that money would have to be made up.

Birkley says it would only benefit about two-thirds of property taxpayers because renters would get no relief under the proposal.

The plan would need approval by voters in a statewide referendum.

AUDIO: John Colbert reports (MP3 :37)

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Filed Under: Taxes





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