MADISON, Wis. (AP) — The
state Assembly has passed Gov. Scott Walker's $504 million property and income
tax cut plan on a bipartisan 62-37 vote.
The vote Tuesday now sends the bill to the Senate, where Republicans in
control there have said they want to make changes to how much money is put into
savings while not significantly altering the tax cuts. Before passing the bill the Assembly rejected
a Democratic alternative that called for spending more on job training and
reducing property taxes. Republicans say
they support Walker's plan because it returns much of a $912 million budget
surplus. Walker's proposal would cut
property taxes for the owner of a typical home by $131 on the bill mailed in
December. It also would reduce income taxes by an average of $46 per taxpayer.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.