Published: July 16, 2010
Tags: Association of Equipment Manufacturers, bonus depreciation, Congress, economy, equipment, purchase, recovery, Riley Construction, stimulus, tax
By Caley Clinton
An extension to a federal tax benefit for equipment purchases could kill the market urgency the measure was designed to create.
The bonus depreciation law, which was in effect during the 2008 and 2009 tax years and could be reinstated for 2010, lets companies write off equipment purchases more quickly to encourage investment now, [...]
Published: June 18, 2010
Tags: Amie Trupke, assessment, condo, condominiums, developer, Pacific, Pat Kirk, Rick Stadelman, Saddle Ridge Corp., tax, taxes, Tom Larson, town of Pacific, Wisconsin Supreme Court
By Sean Ryan
Developers holding vacant land approved for condo construction will pay for the privilege after the town of Pacific successfully defended taxing the properties.
The Saddle Ridge Corp., a Portage-based developer, challenged the Columbia County town’s ability to tax 41 properties on which the company was approved to develop, but had not yet built, condominiums. [...]
Published: May 27, 2010
Tags: Brian O'Connell, development, Engel, Key Bridge Group, Racine, Racine County, redevelopment, Stansil, tax, tax-incremental financing, TIF
Comments: 1
By Sean Ryan
There are no guarantees Racine will turn a profit, or even break even, if the city borrows $14.2 million to drum up redevelopment of a riverside property.
Risky though it may be, the concept is on the table as city officials search for roughly $4 million for streets, sewer and cleanup work on the [...]
Published: May 14, 2010
Tags: carbon, cartoon, tax, tolls
Published: April 19, 2010
Tags: Doyle, reciprocity, tax, Taxes Committee
ST. PAUL, Minn. (AP) — A Wisconsin tax deal scrapped last year by Minnesota Gov. Tim Pawlenty will get another look.
The Minnesota House Taxes Committee hears a bill Monday that would require the two states’ revenue departments to study income tax reciprocity.
Minnesota and Wisconsin had a deal that allowed taxpayers who worked in the other [...]
Published: March 25, 2010
Tags: American Indian, development, grant, National Tribal Environmental Council, renewable energy, renewable resources, reservation, solar energy, tax, Tribal Energy Program, tribal lands, tribes, U.S. Department of Energy
By Felicia Fonseca
AP Writer
Flagstaff, Ariz. — American Indian tribes have huge potential to develop renewable energy resources on their lands but first must overcome a number of challenges, namely financial, according to a new report.
Tribal lands make up about 5 percent of the United States and hold an estimated 10 percent of the country’s [...]
Published: March 24, 2010
Tags: income tax, reciprocity, Senate, tax, taxes
Comments: 1
MADISON, Wis. (AP) — Wisconsin lawmakers want to study resuming a tax reciprocity agreement with neighboring Minnesota.
Wisconsin and Minnesota had an agreement that allowed taxpayers who work in the other state to file one income tax return. The two states then reimbursed each other.
Minnesota Gov. Tim Pawlenty ended the deal last year after an agreement [...]
Published: March 19, 2010
Tags: governor, Medicare, referendums, school districts, Social Security, state budget, tax, Tea Party
By Matt Pommer
It’s time for Tea Party folks in Wisconsin to mobilize if they really want to curb government taxation and spending.
Scores of Wisconsin school districts are asking voters at the April 6 spring elections to approve spending and property-tax increases beyond state-set levels. The Tea Party folks need to defeat these referendums to achieve [...]
Published: February 26, 2010
Tags: Brett Favre, flat tax, income tax, Pommer, Russ Feingold, tax, Terrence Wall, Tommy Thompson, U.S. Senate
By Matt Pommer
Republican U.S. senatorial candidate Terrence Wall says he favors a flat-rate federal income tax system to make it easier for Americans.
His comments came in a newspaper story in which the Milwaukee Journal Sentinel put his net worth between $58 million and $130 million, including income last year between $2.3 million and $14.2 million.
Wall [...]
Published: February 5, 2010
Tags: amendment, democrat, Gov. Jim Doyle, property tax, Republican, Scott Walker, tax, Wisconsin Constitution
By Matt Pommer
Gov. Jim Doyle wants a constitutional amendment to give the Legislature more freedom on taxes, especially the property tax.
The idea has the potential to refocus the tax debate during the 2010 election campaign and open the door to a future Legislature exempting a portion of a home’s value from the property tax. In [...]
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