Walker supports deal on tax cut plan

| February 19, 2014 | 0 Comments
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MADISON, Wis. (AP) – Gov. Scott Walker says he supports a compromise deal worked out among Republican legislative leaders on his half billion dollar tax cut plan.

The deal to be voted on by the Legislature’s Joint Finance Committee on Wednesday retains the $406 million property tax cut and $98.6 million income tax cut. It makes other changes to reduce a projected budget shortfall from about $807 million to about $660 million.

Walker said Wednesday that “the tax cuts are what I wanted.” He says other changes negotiated by lawmakers were less important to him.

His original plan has already passed the Assembly. The new version will first go to the Senate, then back to the Assembly next month for final passage.

 

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Category: State News

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