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Learn More About the Dark Store Tax Loophole Referendum
Residents will find the following question on their election ballots this fall:
Should the state legislature enact proposed legislation that closes the Dark Store loopholes, which currently allow commercial retail properties to significantly reduce the assessed valuation and property tax of such properties, resulting in a substantial shift in taxes levied against other tax paying entities, such as residential home owners, and/or cuts in essential services provided by an affected municipality?
To learn more about the Dark Store Tax Loophole and the potential impact on the property taxes of homeowners and small business, watch the following video https://www.youtube.com/watch?v=h7Kurxbd5qE or click here https://www.lwm-info.org/1279/Close-the-Dark-Store-Tax-Loopholes for information from Wisconsin League of Municipalities.
This recent article from the DubuqueTelegraph Herald also highlights the issue.