AB768-AA3,2,8
4"
(1f) Tax study. The governor is requested to create a bipartisan commission
5to review this state's tax code and recommend changes to it. This commission shall
6be charged with examining ways to streamline and simplify the Wisconsin tax code
7for the average taxpayer. In accomplishing this task, the commission shall consider
8whether the current income, sales, property and corporate tax structures accurately
9represent the values and priorities of Wisconsin's citizens; ways to ensure that
10Wisconsin's tax system provides the resources necessary to fully fund all of
11Wisconsin's state government's financial obligations; ways to ensure that all
12Wisconsin citizens and businesses are taxed fairly and that no sector of Wisconsin's
13economy is asked to shoulder too much or too little of this state's tax burden; ways
1to further enforce compliance with sales, income and corporate tax laws to ensure
2that delinquent taxpayers and businesses completely fulfill their tax obligations;
3and methods for utilizing the budget stabilization fund to cover unexpected tax
4revenue shortages and prevent tax increases during economic downturns. The
5commission shall report its findings and recommendations to the legislature in the
6manner provided under section 13.172 (2) of the statutes on or before March 1, 1999.
7The legislature shall enact the changes to the tax code that, in light of the report, it
8considers appropriate in the 1999-2001 biennial budget bill.".
