Assembly Passes Walker's Tax Cut Proposal, Heads to Senate - WBAY

Assembly Passes Walker's Tax Cut Proposal, Heads to Senate

Updated:
Madison -

Tuesday afternoon, lawmakers in the state Assembly spent hours debating Governor Walker's tax cut proposal.

The Republican-controlled chamber passed the measure 62-37 around 5:30 p.m.

The special session bill, according to the Legislative Fiscal Bureau, would reduce property taxes in December by roughly $131 on a $151,000 home.

The fiscal bureau also determined income taxes would be reduced in April 2015 by an average $46.

Click here for the property tax report.

Click here for the income tax report.

"I understand that people on the other side of the aisle are going to want to keep the money in Madison," Assembly Speaker Robin Vos (R-Burlington) said. "Figure out ways to spend it, give it to government because they think they are better able to spend it than families back home, but we fundamentally disagree with that."

Democrats tried introducing an alternative, which was quickly rejected along party lines.

Democrats argued their bill would have doubled the amount of money going toward the rainy day fund, along with increasing the average property tax cut to $231 dollars using the first dollar credit, citing the Legislative Fiscal Bureau.

"You can either do what the speaker wants you to do, which is give an extra 100 bucks," Assembly Minority Leader Peter Barca (D-Kenosha) said. "Or you can put it in the first dollar credit, and you can ensure that it's nearly double that."

Vos questioned the constitutionality of Democrats plan.

Meantime outside the Assembly chamber, Democratic gubernatorial candidate Mary Burke is touring the state, calling the governor's tax plan irresponsible.

"I was a forecaster at Trek," she said. "I would forecast what sales would be. I wouldn't go out and make commitments until I was much more sure I was able to get those sales would come."

Assembly leadership bypassed the Joint Finance Committee, passing the bill first, praising the governor's proposal.

"The people of this state helped us do this by building a better economy," Walker said. "More people are back to work. More people are hiring. Personal income is up, and so we think it should go back into the hands of the hard-working taxpayers."

The measure goes to the state Senate next.

Senate President Mike Ellis said Tuesday they plan to send the bill to the Joint Finance Committee before voting on it.

Some Senate Republicans have voiced concern enough money isn't going into the state's rainy day fund.

Ellis said negotiations are ongoing, and he's confident the votes will be there to pass tax cuts.

Powered by WorldNow
  • 115 S. Jefferson St. Green Bay, WI 54301
  • Email: wbay@wbay.com
  • Phone: (920) 432-3331
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBAY. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.