Monday, November 27, 2006

Efforts beginning to close budget shortfall by repealing state sales tax exemptions for many

With local communities under tight budget constraints, especially those imposed by the state’s property tax levy limit, and the state itself now facing a $1.6 billion budget shortfall, state lawmakers are hard-pressed to find money to do many of the things government should be doing – providing those essential services we hear so much about. Well, according to this piece in the Milwaukee Journal Sentinel, some lawmakers are hoping to make up budget shortfalls by repealing the state sales tax exemption for many industries. While it may seem to some to be a good idea on the surface, the idea is already facing staunch opposition by organizations with big financial guns and plenty of lobbying pressure.

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