Wednesday, October 24, 2007

Wisconsin Taxes You Will Pay

Please bend over and grab your ankles,
Here are some of what Wisconsins ($750,000,000.00 plus) extra Taxes will go to



Giligans Island meets The Beverly Hillbilly's!!!!!!!!!!!!!!!!!!!!
FILM PRODUCTION SERVICES TAX CREDIT -- SUM SUFFICIENT
ESTIMATE [Senate/Assembly]
Conference Committee: Provide $250,000 in 2007-08 and $750,000 in 2008-09 for the sum
sufficient appropriation for the film production services individual income and corporate
income and franchise tax credit to reflect estimates of refundable tax credit claims. The film
production services tax credit can first be claimed for tax years beginning after December 31,
2007.

MOVIE STARS IN Wisconsin, sorry, don't invite Mike J Fox!!!!!!!!!!
FILM PRODUCTION SERVICES AND PRODUCTION COMPANY INVESTMENT
TAX CREDITS TECHNICAL MODIFICATIONS [Senate/Assembly]
Conference Committee: Make the following modifications to statutory provisions
governing the film production services and film production company investment tax credits
under the individual income and corporate income and franchise taxes:

Fuel pump tax credit, I thought gas stations buy there own pumps!!!!!!!!!
ETHANOL AND BIODIESEL FUEL PUMP TAX CREDIT
[Senate/Assembly]
Conference Committee: Create an ethanol and biodiesel fuel pump tax credit under the
state individual income and corporate income and franchise taxes equal to 25% of the amount
paid in a tax year to install or retrofit pumps located in Wisconsin that dispense motor fuel
consisting of at least 85% ethanol or at least 20% biodiesel fuel. The tax credit could be claimed
for tax years beginning after December 31, 2007, and before January 1, 2018. The maximum tax
credit for a tax year could not exceed $5,000 for each service station that claims a credit for an
installed or retrofitted pump. Unused credit amounts could be carried forward up to 15 years to
offset future tax liabilities. The credit would be claimed after the minimum tax in the order of
computation.

These guys really have there nose DEEP!!!!!!!!!!!
BIODIESEL FUEL PRODUCTION TAX CREDIT [Assembly Modified]
Conference Committee: Create a tax credit, for tax years beginning on or after January
1, 2009, and before January 1, 2011, under the state individual income and corporate income and
franchise taxes, equal to 10 cents per gallon for biodiesel fuel produced for biodiesel fuel
producers located in Wisconsin that produce at least 2.5 million gallons of biodiesel fuel per
year. The maximum credit that could be claimed would be $1,000,000. This provision would
reduce state income and franchise tax revenues by an estimated $800,000 in 2009-10 and
$1,800,000 annually thereafter.

What, a credit for catalogs!
SALES TAX EXEMPTION FOR CATALOGS [Senate/Assembly]
Conference Committee: Create a sales tax exemption for catalogs and the envelopes in
which catalogs are mailed. Specify that the proposed exemption would take effect on April 1,
2009.

TaxCredit for movie stars, sorry, I'm not a star yet!
SALES TAX EXEMPTION FOR DIGITAL PURCHASES RELATED TO MOTION
PICTURES AND RADIO AND TELEVISION PROGRAMS [Senate/Assembly]
Conference Committee: Modify a current sales tax exemption for motion picture film or
tape and related advertising materials sold, leased, or rented to movie theaters or radio or
television stations to specify that the exemption also applies to motion pictures or radio or
television programs for listening, viewing, or broadcast. This provision, which would take effect
on the effective date of the budget bill, is intended to clarify current law and would have no
fiscal effect.

This one is for Cow manure, WOWWWWWWWW
SALES TAX EXEMPTIONS RELATED TO WIND, SOLAR, AND GAS FROM
ANAEROBIC DIGESTION OF AGRICULTURAL WASTE [Assembly Modified]
Conference Committee: Create a sales and use tax exemption for a product, other than
an uninterruptible power source for computers, whose power source is wind energy, direct
radiant energy received from the sun, or gas generated from anaerobic digestion of animal
manure and other agricultural waste, if the product produces at least 200 watts of alternating
current or 600 British thermal units per day. In addition, create a sales and use tax exemption
from the sale of, and the use or other consumption of, electricity or energy that is produced
from such a product. Provide that the exemptions would take effect July 1, 2009.

Can pet cemeteries also get this!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SALES AND USE TAX EXEMPTION FOR NONPROFIT CEMETERIES [Assembly
Modified]
Conference Committee: Create a sales and use tax exemption for otherwise taxable
tangible personal property or taxable services used exclusively by a cemetery company or
corporation (as described under federal provisions for organizations that are exempt from
federal tax) for the purposes of the company or corporation. Provide that the exemption would
take effect July 1, 2009.

This is one of my FAVORITES!!!!!!!!!!!!!!!!!!!!
SALES AND USE TAX EXEMPTION FOR CLAY PIGEONS [Assembly]
Conference Committee: Modify the sales and use tax exemption for clay pigeons sold to
certain shooting facilities, effective July 1, 2007.
Under current law, clay pigeons that are sold to a shooting facility are exempt from the
sales and use tax if either of the following apply: (a) the shooting facility is required to pay the
tax imposed on its gross receipts from charges for shooting at the facility; or (b) the shooting
facility is a nonprofit organization that charges for shooting at the facility but is not required to
pay the tax on such charges as they are exempt as occasional sales.

When revenue goes down, will they tax or increase taxes on candy, cookies ,
burgers, bottled water, potato chips, oranges, apples, two beef patties, lettuce, pickles,
mustard cheese and a seasame seed bun.
CIGARETTE AND TOBACCO PRODUCTS TAX AND
REFUND INCREASES [Senate Modified]
Conference Committee: Increase the cigarette tax by $1.00 per pack (from $0.77 to $1.77).
Increase the tobacco products tax on all tobacco products (which excludes cigarettes), other than
moist snuff, from 25% of the manufacturer's established list price to 50.0% of the manufacturer's
list price. Provide, however, that the tax on cigars would be capped at a maximum of $0.50 per
cigar. Convert the tax on moist snuff from the current ad valorem (price-based) tax to a weightbased
tax at the rate of $1.31 per ounce. For purposes of these provisions, define "moist snuff" to
mean any finely cut, ground, or powdered smokeless tobacco that is intended to be placed or
dipped in the oral cavity. Specify that these changes would take effect on the first day of the
third month beginning after publication of the budget bill.

What does giving people samples of booze at grocery and liq stores have to do with the state budget? Did you know that no one , I mean no one has admitted to putting this in the budget.
Where is MAD , Where are the moms with the bumper stickers!!!!!!!!!
This dribble that was slipped in by( sorry, we don't know) is over nine pages in this budget, wow , someone spent a lot of time on this!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
THREE-TIER LIQUOR DISTRIBUTION SYSTEM [Senate Modified]
Conference Committee: Modify current law with respect to the three-tier intoxicating
liquor distribution system (which includes distribution of wine and distilled spirits).


What, doesn't the Brown County board take care of this!!!!!!!!!!!!!!!!!!!!
SALES OF BEER, WINE, AND LIQUOR AT THE NATIONAL RAILROAD MUSEUM
[Senate]
Conference Committee: Authorize a caterer with a license to sell beer and/or
intoxicating liquor (including wine) at retail for on- and off-premises consumption to sell beer
and/or intoxicating liquor at the National Railroad Museum in Green Bay for special events
held at the Museum.
that the modifications would take effect on the general effective date of the budget bill.

Poor small businesses are getting SCREWED here!!!!!!!!!!!!!!!!!!!!!
BREWPUB PERMITS [New Item]
Conference Committee: Create a brewpub permit, to be issued by the Department of
Revenue (DOR) that would authorize a brewpub to manufacture and sell beer at wholesale,
subject to certain limitations, as well as additional brewpub operations. In addition, limit certain
operations that are currently authorized under a brewer's permit.

This pertains to the above SCREW for a brew pub owner! It must of been bought by MILLER!!!!!!!!!!!!
Modifications to Chapter 139 -- "Beverages, Controlled Substances, and Tobacco
Taxes"
Make the following changes to general definitions under Chapter 139: (a) modify the
definition of a "bottler" as a person, other than a brewer, who places beer in bottles or similar
containers to also exclude a brewpub who places beer in bottles or similar containers; (b) clarify
that a "brewer" does not include a permittee holding a brewpub permit; and (c) define
"brewpub" and "brewpub premises" through references to such terms in Chapter 125 (as created
under the motion).

Sorry, I can't take this, but if you dare here is the LINK from the
Wisconsin Policy Reasearch Institute, THANK YOU FOR YOUR WORK

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