The bill creates a sales-tax holiday on back-to-school purchases.
- Item of clothing priced at $75 or less. (No clothing accessories; list provided.)
- Computer for personal use. ($2,000 limit.)
- School computer supplies. (No single item may cost more than $250.)
- School instructional materials. (No single item may cost more than $300.)
It would take place on the first weekend of August (Saturday and Sunday).
Estimated lost revenue:
- $13,200,000 for the state
- $ 952,000 for local governments
To make this proposal palatable, legislators should take a look at the current list of Wisconsin sales tax exemptions and find ways, at a minimum, to make up for the lost revenue of SB627.
Get to work, folks. We're not paying you for this tax holiday nonsense.
Workforce, worker training, and career development issues: The empty rhetoric of Scott Walker. (1/27/201 6)