Listen To WPR online Live Streaming Page Archive Streaming Page Click here to support WPR! Return to the WPR Home Page
Explore WPR
WPR Home
Support WPR!
Support WPR's Online Community!
Contact Us
About WPR
Newsletters and Reports
Studios, Stations and Program Schedules
Station Coverage Maps, Reception and Technical Issues
WPR Program Index
The Ideas Network
The NPR News and Classical Network
WPR News
Internet Webcasting
WPR's National SHows
The Radio Store
Related Links

WPR Programs
Search wpr.org
This Month's Featured Stories
NEWS LINKS: WPR News Home | Bureaus | Reporters | Awards
FEATURES: Specials, Series & Documentaries | Wisconsin Vote | Wisconsin Life | StoryCorps
LAWMAKERS HAVE IDEAS FOR SIMPLIFYING WISCONSIN'S TAX CODE WPR News - Lawmakers Have Ideas for Simplifying Wisconsin's Tax Code
Friday October 19, 2012 by Gilman Halsted

A legislative committee plans to send Gov. Walker a set of recommendations on how to simplify the state tax code. At a hearing Thursday, a panel of tax accountants urged the committee to eliminate state tax credits and exemptions that duplicate one that are already in the federal tax code.  

All three of the accountants who testified pointed to dozens of tax credits and deductions and filing rules that the state has piled on top of similar ones already in the federal code. Accountant Richard Kolauff of Vogel Consutling in Brookfield. says the state corporate tax code is also unnecessarily complex when it comes to filing taxes for companies with multiple divisions, "With something so simple give me one form with columns across how much easier could that be?, One piece of paper instead of 25."

Kolauf also says lowering the tax rate and flattening it for both corporations and individuals could help create more jobs in the state and would make the tax system more fair. But Democratic state Rep. Chris Taylor says she's not convinced that lowering the tax rate would leave enough revenue for the state to invest in education, "The studies I am looking at say these broad-based tax cuts don't really work in fact the most recent studies that I've looked at say invest in early child hood education that's the biggest bang for your buck you're going to get economically."

The committee's chair Republican Robin Vos says there's a consensus growing on the committee that at least some changes in the tax code can be included in the governor's next budget, “If not they could be recommendations that potentially the next legislature has an opportunity to look when they go ahead and make changes to whatever the governor proposes.” 

Gov. Walker has already said he is considering a package of tax cuts in the budget he'll send to the legislature in February.

 

You can also listen to this story or download it now! (1:27)



Support for WPR provided by

Shop Now!



Support WPR!


HOME | ABOUT | PROGRAM INDEX | MEMBERSHIP | SPONSORSHIPS | WPR NEWS
IDEAS NETWORK | NEWS & CLASSICAL NETWORK | RADIO STORE
LIVE STREAMS | AUDIO ARCHIVES

For questions or comments about our programming, call Audience Services
at 1-800-747-7444, email us at listener@wpr.org, or use our Online Feedback Form.
View our Privacy Policy.   Send comments about our website to webmaster@wpr.org.

©2013 by Wisconsin Public Radio - a service of the
Wisconsin Educational Communications Board
and University of Wisconsin - Extension.