according to his 2011-2013 Executive Budget, he proposes 2 changes in business tax.
1. ' providing a 100 percent exclusion for capital gains realized on Wisconsin-based capital assets held for five or more years'.
2. 'a 100 percent capital gains tax deferral for gains reinvested in Wisconsin-based businesses at the time the investment is made.'
what do you think of this proposal? do you agree or disagree and give me your reasons.
soure: http://www.doa.state.wi.us/debf/pdf_files/bib1113.pdf
1. ' providing a 100 percent exclusion for capital gains realized on Wisconsin-based capital assets held for five or more years'.
2. 'a 100 percent capital gains tax deferral for gains reinvested in Wisconsin-based businesses at the time the investment is made.'
what do you think of this proposal? do you agree or disagree and give me your reasons.
soure: http://www.doa.state.wi.us/debf/pdf_files/bib1113.pdf