NOW:53110:USA00949
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA00949
40°
H 44° L 36°
Partly Cloudy | 17MPH

The Way I See It!

I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.

Diverting Property Tax Relief From Lottery Proceeds

Wisconsin, Taxes

Bill would divert lottery proceeds to help farmers

 

A legislator has proposed using state lottery money to pay the interest on loans taken out by beginning farmers.

 

Lottery proceeds are used now for general property tax relief that amounted to $132 million in 2009, according to the Wisconsin Department of Revenue.

 

Rep. Mark Radcliffe (D-Black River Falls) would like to divert part of the lottery money to pay the interest on loans for beginning farmers for roughly their first three years in business.

 

That's a period when farmers are especially vulnerable since they haven't established much equity in their operations.

 

"Hopefully we can help them get over that hump and keep them in farming," Radcliffe said.

 

The proposal, Assembly Joint Resolution 119, would require a change in the state constitution.

 

It would have to be adopted by two successive legislatures and approved by voters before it could become effective.  A public hearing has been scheduled for Thursday, at 10:30 a.m., before the Committee on State Affairs and Homeland Security.

 

Radcliffe said the proposal is well-timed, given that farmers are retiring in large numbers and there's a shortage of beginning farmers.

 

Source and Full Story: Milwaukee Journal Sentinel

 

Remember back in 1989-1991 the lottery was marketed as “It will only be used as property tax relief for homeowners”.  Now in 2010 a Democrat from Black River Falls Rep. Mark Radcliffe wants to steal from it!

 

People, people the new sales tax that those in power want to fund the RTA is being promised to reduce property taxes.  I still don’t think it will since when does the government just lose taxes and are fine with it?  It may lower property taxes for a few years and then it will slowly be put back.  It doesn’t matter if they are Republicans or Democrats, they will not like having less money to spend.

 

Remember not all Republicans are Conservatives and some Democrats ARE fiscally conservative. 

 

One thing is always right, if you don’t add or create a new tax we all save money!

 

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Page Tools