Great news! Wisconsin's property tax ranking dropped 11 spots since 2017, according to a
study by the Tax Foundation
. While there is still work to go, this is a great sign for taxpayers. We have also kept the state portion of the property taxes at 2010 levels for eight years. In the last budget, we invested more than $64 million to continue to keep property taxes down. Also in the last budget, we lowered taxes for middle-class families by more than $457 million. That's in addition to the $8 billion in total tax relief we have delivered since 2010.
Making Wisconsin more affordable is a big priority for me. It helps keep workers in Wisconsin and cuts down on the "brain drain" of our university students. Lower taxes also create a better business environment, allowing companies to hire more workers and invest in their business. I am proud of our efforts to lower taxes in Wisconsin and will continue to fight for taxpayers.
Speaking of job creators,
Foxconn says they have created enough jobs
to qualify for state incentives. That's great news as the technology giant continues to invest hundreds of millions of dollars in Wisconsin. As part of the protections we put in for taxpayers, those jobs will have to be verified by the state before they receive any state funding.
Foxconn missed out on tax credits last year because they didn't achieve hiring goals set by the state. However, it appears they are back on track and working to create 13,000 jobs. Our state is already benefiting from Foxconn involvement and investment. I look forward to their plant being up and running toward the end of 2020.
As always, if you have any concerns or ideas on how to improve our great state, please do not hesitate to contact me by phone at 608-266-5830 or by email at Sen.Darling@legis.wisconsin.gov.