The governor fails to recognize that there are many better ways to address the transportation funding problem without resorting to a tax increase that would disproportionately harm lower- and middle-class families.
Opponents argue that sales tax holidays simply shift the timing of purchases and that they are an ineffective form of tax relief. But while recent research confirms that sales tax holidays do change significantly the timing of purchases, they also lead to an increase in overall consumption spending.
Attorneys representing the Brown County Taxpayers Association say they are reviewing their options with their clients after a judge on Thursday dismissed a lawsuit against the county’s half-percent sales tax.
Everyone in the state will get a sales tax holiday during the first weekend of August on retail purchases under $100. Whether you’re a retired couple purchasing some items for home or a young family buying some things for a new baby, everyone in Wisconsin will be eligible for our sales tax holiday under a plan we worked on with Assembly Speaker Robin Vos.
Currently in our tax code raisins are tax exempt and yogurt is tax exempt, but yogurt-covered raisins are taxable. And honey is tax exempt and roasted nuts are tax exempt, but honey-roasted nuts are taxable.