Hintz: ‘Dark store’ loophole shifts tax burden to homeowners

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Assembly Minority Leader Gordon Hintz in the Oshkosh Northwestern: “Walmart and other retailers used the “dark store” loophole to cut property assessments by more than $700 million in 2017, forcing 60 municipalities to pay refunds to big box stores who successfully argued their properties were overvalued. These cases exist in every corner of the state.”

The Walmart ‘dark store tax loophole’ every Wisconsin homeowner pays for

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The dark store tax loophole allows big box retailers like Walmart to reduce their property taxes by appraising their property as if it was a vacant or “dark” store, thus resulting in a lower tax assessment. In Wisconsin, big box retailers have used this loophole to try avoiding an estimated $700 million last year. > Wisconsin Gazette

Walker signs rural school funding bill

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Low-spending school districts in Wisconsin will be allowed to increase property taxes without voter approval under a measure signed into law Monday by Gov. Scott Walker. The new law also increases what’s known as “sparsity aid” for rural school districts with low enrollment. > Wisconsin Public Radio

Vukmir and Assembly Republicans want to increase local property taxes — a lot

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Despite posing as a fiscal conservative, State Sen. Leah Vukmir is proposing to force county jails to hold more people while they await decisions on whether their parole or probation should be revoked, which will in turn force counties to increase property taxes or reduce other services. > Wisconsin Gazette

Compromise on how to tax large retailers falls apart in wee hours of Assembly finale

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A last-ditch bid to address efforts by large retailers to lower their property-tax assessments, which critics say shifts tax costs to homeowners, collapsed as the Assembly ended its session last week, and it appears dead until at least next year. > Wisconsin State Journal

‘Promise kept’: Walker touts zero percent property tax bill

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Walker promised earlier in his governorship that he would lower property taxes for homeowners. Politifact took a look at his claim and found there was a modest reduction from 2010 to 2018. But it also found out some people – especially low-income homeowners and renters – will actually have their taxes go up. > Patch.com