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ETC.
Old business
y overscheduled schedule
this month included covering two meetings of the city
Historic Preservation Commission.
The Platteville
journal
www.swnews4u.com
Editor
Steve Prestegard
journaleditor@centurytel.net
Sports Editor
Jason Nihles
journalsports@centurytel.net
Advertising
Ann Rupp
journalads@centurytel.net
Ad Design
Carol Tyson
journaldesign@centurytel.net
Bookkeeper/Receptionist
Shirley Thalmann
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M adiso n J our n al
a Wisconsin sales tax. If you have ordered an item from a retailer who did
not collect Wisconsin sales tax, take 5%
of the full purchase price and this is the
amount of use tax you owe to the state.
Paying the use tax levels the playing
field with in-state, traditional brick
and mortar retailers and in-state online businesses such as Lands End.
For example, when you purchase an
item from Lands End, you are automatically charged the 5 percent sales
tax by the company. However, if you
purchase a similar item from LL Bean,
they do not collect this tax and you
would owe 5% use tax to the state.
Your role as a taxpayer plays an extremely important role in the finances
of our state and federal governments. In
2013, Wisconsin residents paid more than
$7 billion in state income taxes and more
than $19 billion in federal income taxes.
Beside property taxes, income taxes are
the largest tax many of us pay each year.
The $7 billion contributed to our
states General Fund makes up 53 percent of state government revenue. The
remainder of funding for state government comes from sales tax (35 percent),
excise taxes (12 percent) taxes paid
when purchases are made on a specific
good and corporate taxes (7 percent).
As your state senator, I am consistently seeking ways to lower and simplify all taxes, especially income taxes,
in Wisconsin. We have already made
significant progress toward simplification by lowering the number of tax
brackets from five to four, reducing tax
rates, and eliminating various loopholes and special deductions. Since
2010, 19 different tax credits have
been eliminated in Wisconsin.
The lower income tax rates we
passed in the 201315 budget have
already provided significant, noticeable relief. Last year the amount of
LETTERS
The Platteville Journal, P.O. Box 266, Platteville, WI 53818-0266 plattevillejournaleditor@gmail.com