In accordance with the 2016 Wisconsin Taxpayers Alliance evaluation, private property has accounted for between 2.2 and a pair of.6% of the state’s property tax base since 2005. In comparison with the 40 different states with some type of a private property tax, Wisconsin taxes lower than most, however greater than most of its neighbors.
The non-public property tax started as a tax on objects like livestock, furnishings, jewellery and automobiles. Its property tax counterpart — actual property — covers land and buildings.
Even in its earliest days, the tax raised questions on equity, as
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