Science Group Opposes Capital Gains Tax Hike
Lawmakers To Iron Out Budget Plan
Updated: 8:37 am CDT June 22, 2009
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READ: Visit Channel 3000's Politics SectionREAD: Channel 3000's "Reality Check" SeriesINTERACTIVE: Write Your Rep.VISIT: Follow Money In PoliticsMADISON, Wis. -- Leaders of a group that advises the governor and state lawmakers on science policy say they're opposed to a tax increase on capital gains.Wisconsin Technology Council Chairman Mark Bugher and President Tom Still said the state Senate's plan to eliminate the state's 60 percent tax exclusion on capital gains will make it harder for start-up companies to get off the ground.The Senate made that change to its version of the budget to generate $485 million over the next two years.Gov. Jim Doyle and the Assembly have proposed reducing the exclusion to 40 percent, which would raise $170 million.Assembly and Senate leaders are expected to begin working out their budget differences this week.
Previous Stories:
- June 20, 2009: State Budget Writers Weigh Tax, Immigration Policy
- June 18, 2009: Senate Budget Limits Funding For Investigations
- June 18, 2009: State Budget In Limbo Until Tuesday
- June 18, 2009: Wisconsin Senate Passes Budget
- June 17, 2009: Senate Democrats Look To Make Changes To Oil Tax, Other Budget Measures
- June 16, 2009: Senate Democrats To Take Up Budget Wednesday
- June 15, 2009: State Senate Democrats Talk Budget
- June 15, 2009: Assembly Passes $62 Billion Budget
- June 15, 2009: Closed-Door Meetings, Late-Night Votes Mark Budget-Writing
- June 13, 2009: State Lawmakers Pull 'All-Nighter' Debating Budget
- June 12, 2009: Assembly Begins Wisconsin State Budget Debate
- June 11, 2009: Assembly To Take Up Budget Friday
- June 11, 2009: Assembly Democrats Don't Want Nursing School
- June 10, 2009: Democrats' Proposal Could Increase Fuel Cost
- June 10, 2009: Assembly Democrats Back Away From Liability Change
- June 9, 2009: Speaker: No Major Budget Changes
- June 8, 2009: Budget Cuts Could Mean Taller Grass For State Parks
- June 8, 2009: State Budget To Be Debated Wednesday
- June 5, 2009: Citing Budget, State To Cut Renewable Energy Fund
- June 3, 2009: AG Lobbies To Restore Budget Cuts
- June 3, 2009: Republicans Question Earmarks In Budget
- June 1, 2009: State Lawmakers Find Funds For Pet Projects
- May 29, 2009: State Cuts Force School Districts To Trim More In Budgets
- May 29, 2009: State Panel Works To Finalize Budget Plan
- May 27, 2009: Busy Weekend For Joint Finance Committee
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