Republicans Look to Add Tax Cut to Budget
MADISON, WI (AP)–The leader of the Wisconsin Senate says Republicans are planning to include a roughly $400 million middle class tax cut in the state budget.
Senate Majority Leader Scott Fitzgerald told the Wisconsin State Journal on Monday that Republicans want to “hit that tax cut number” before finishing committee work on the budget this week.
Fitzgerald says Republicans haven’t agreed on a final number. The Legislature’s Joint Finance Committee planned to finish its work on the budget Thursday, before sending it to the full Legislature.
Gov. Tony Evers has to sign it before it would become law. Evers already vetoed a Republican income tax cut proposal funded by budget reserves. Evers proposed a tax cut paid for by all-but eliminating a manufacturing tax credit program.