Listen Live on  
 

1310 WIBA

Madison's News/Talk Station
 
 

Wisconsin Senate passes aviation sales tax break

 
 Wisconsin Senate passes aviation sales tax break
Posted February 18th, 2014 @ 3:53pm by Associated Press

MADISON, Wis. (AP) _ Aviation companies in Wisconsin would be exempt from having to pay sales taxes on aircraft maintenance parts and labor under a bill that has passed the state Senate.

 

 

 

The Senate voted 24-8 on Tuesday to pass the bill.

 

 

 

It would benefit companies like Gulfstream in Appleton and Cessna in Milwaukee. Those companies and others say having to pay the sales tax puts them at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

 

 

 

Bill sponsor Sen. Mike Ellis, a Republican from Neenah, says the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

 

Recommended Stories

More from 1310 WIBA

*