Evers, Democrats look to repeal Personal Property Tax

New legislation would create a state aid payment for local governments
Wisconsin State Capitol Forward Statue 1

MADISON, Wis. — Gov. Tony Evers, along with State Senator Brad Pfaff and State Representative Robyn Vinning, introduced legislation Wednesday to repeal Wisconsin’s personal property tax.

The legislation would also create a new state aid payment, compensating local governments for revenue that used to come from the tax.

“When I ran for governor, I promised I would cut taxes for middle-class families,” Gov. Evers said in a statement Wednesday.  “This legislation will continue our efforts to support businesses and families as they bounce back from the pandemic while ensuring our local governments have the aid they need to remain whole.”

The bill, LRB-4737, would also repeal the tax on railroad personal property and ensure continuing payments for rail terminals.