Local Governments and Loopholes in Wisconsin's Tax Structure


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Like the federal and state governments, local governments are having a difficult time balancing budgets right now. One option is to close tax loopholes.

The Institute on Wisconsin’s Future recently released their report detailing how property tax exemptions are hurting local communities' ability to provide basic services. This helpful report urges a review of all 104 property tax exemptions currently on the books in Wisconsin.

While the authors admit, “There is no one silver bullet that repairs the entire system,” certainly we could all agree that “Property tax revenue is a major source of local operating funds. It is a time to be careful and efficient with this resource. It is time to close loopholes, be consistent and ensure that all groups pay their fair share.”

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