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Burke would like to double Act 255 angel tax credits

State commerce secretary Mary Burke said this week that she would like Wisconsin to double the amount of tax credits available to angel investors under the Act 255 program.

In an interview, Burke said funding increases would be contingent on the state's fiscal health, but she would like to double the tax credits from the $3 million allocated in the current biennial budget. Under Act 255, ......

Full article >>> potential challenge to making more tax credits available under Act 255 is the state's increasing funding of public education. The governor's approach to controlling property taxes at the local level was centered around an $861 million boost in the state's share of K-12 education funding, which could "crowd out" other investments in the next budget.

Doyle, speaking Tuesday at the Wisconsin......

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Source:wistechnology.com By Joe Vanden Plas 03/30/06


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