A new property tax calculator released by the Wisconsin Institute for Law & Liberty (WILL) is helping Wisconsinites estimate the financial impact of repealing Act 10, which implemented major collective bargaining reforms in 2011. The tool allows individuals to input their school district and property value to get an estimate of how much their property taxes could increase if Act 10 were repealed. Previous research from WILL indicates that repealing Act 10 could cost taxpayers over $2 billion annually, with school districts facing $1.6 billion in new costs and local governments facing $480 million in new costs.
WILL’s Research Director, Will Flanders, emphasized that Act 10 has been beneficial for Wisconsin taxpayers by slowing the growth of government and property tax hikes. Repealing the law could burden taxpayers with billions in tax increases and put pressure on school districts and local governments to cater to public-sector union demands.
The new analysis from WILL estimates that school districts statewide could face $1.788 billion in new costs annually if Act 10 is repealed. For an average Wisconsin home valued at $300,000, property taxes could increase by $624 or more annually if the costs were shifted to taxpayers. The analysis is based on data from the Wisconsin Department of Public Instruction, tracking employee salaries and benefits before and after Act 10 was implemented. Individual taxpayers can now use this tool to estimate how much their own property taxes could increase if Act 10 were repealed.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
