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UPDATE: Walker signs aviation tax break bill

UPDATED Thursday, April 3, 2014 --- 2:13 p.m.

APPLETON, Wis. (AP) -- Gov. Scott Walker has signed a bill into law at Gulfstream Aerospace Corp. in Appleton that would benefit aviation companies across the state.

The bill Walker signed Thursday will exempt aviation companies like Gulfstream and Cessna in Milwaukee from having to pay sales taxes on aircraft maintenance parts and labor.

Advocates for the measure say having to pay the sales tax puts Wisconsin-based companies at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

Supporters say the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

Copyright 2014: Associated Press

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UPDATED Thursday, April 3, 2014 --- 10:40 a.m.

APPLETON, Wis. (AP) -- Gov. Scott Walker plans to sign a bill into law at Gulfstream Aerospace Corp. in Appleton that would benefit aviation companies across the state.

The bill Walker is slated to sign Thursday would exempt aviation companies like Gulfstream and Cessna in Milwaukee from having to pay sales taxes on aircraft maintenance parts and labor.

Advocates for the measure say having to pay the sales tax puts Wisconsin-based companies at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

Supporters say the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

Copyright 2014: Associated Press

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UPDATED Thursday, March 20, 2014 --- 4:01 p.m.

MADISON, Wis. (AP) -- Aviation companies in Wisconsin would be exempt from having to pay sales taxes on aircraft maintenance parts and labor under a bill that has passed the state Assembly.

The bill passed Thursday now goes to Gov. Scott Walker.

The proposal would benefit companies like Gulfstream in Appleton and Cessna in Milwaukee. Those companies and others say having to pay the sales tax puts them at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

Supporters say the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

Copyright 2014: Associated Press

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UPDATED Tuesday, February 18, 2014 --- 2:30 p.m.

MADISON, Wis. (AP) -- Aviation companies in Wisconsin would be exempt from having to pay sales taxes on aircraft maintenance parts and labor under a bill that has passed the state Senate.

The Senate voted 24-8 on Tuesday to pass the bill.

It would benefit companies like Gulfstream in Appleton and Cessna in Milwaukee. Those companies and others say having to pay the sales tax puts them at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

Bill sponsor Sen. Mike Ellis, a Republican from Neenah, says the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

Copyright 2014: Associated Press

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Posted: Tuesday, February 18, 2014 ---- 6:13 a.m.

MADISON, Wis. (AP) -- The Wisconsin state Senate plans to vote on a bill that would exempt aviation companies in Wisconsin from having to pay sales taxes on aircraft maintenance parts and labor.

The Senate was scheduled to vote Tuesday on the bipartisan bill.

It would benefit companies like Gulfstream in Appleton and Cessna in Milwaukee. Those companies and others say having to pay the sales tax puts them at a competitive disadvantage because aircraft owners are taking their business to other states that don't charge the tax.

Bill sponsor Sen. Mike Ellis, a Republican from Neenah, says the tax cut would cost about $3 million a year in lost revenue, but it would generate more than twice that much in increased business for the aviation companies.

Copyright 2014: Associated Press


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