Feyen Bill Would Eliminate Tax Deduction For Companies Leaving The State

State Senator Dan Feyen doesn’t believe a company should benefit from moving its operations out of state. That’s why he co-authored a bill that eliminates tax deductions for moving expenses for businesses that move out of the state or out of the United States. He feels that while the state is giving out incentives trying to attract business to Wisconsin it shouldn’t at the same time give companies leaving it that benefit. He’s hoping the bill will pass before the end of the year or during the winter session.