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Senate to vote on Walker tax cut
By: Associated Press//March 2, 2014//
Listen to this articleMADISON, Wis. (AP) — The Wisconsin state Senate is scheduled to vote Tuesday on Gov. Scott Walker‘s proposed property and income tax cut plan.
The tax cut bill and one that makes $35 million available for a variety of worker training initiatives are the only proposals before the Senate on Tuesday.
Walker’s proposal would reduce property taxes for the owner of a median-valued home by $131 on the bill mailed in December. The income tax cut would reduce the lowest bracket from 4.4 percent to 4 percent, saving the typical taxpayer $46.
Democratic critics have argued that the tax cuts need to be more narrowly focused to benefit the middle class, increase spending on worker training programs, reduce debt and address projected shortfalls in Medicaid and transportation funding.
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