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Re: Scott Walker tax cut plan passes Senate with no room to spare 

By: killthecat in FFFT | Recommend this post (2)
Wed, 05 Mar 14 3:21 AM | 49 view(s)
Boardmark this board | Food For Further Thought
Msg. 61748 of 65535
(This msg. is a reply to 61746 by clo)

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Wisconsin has a billion dollar budget surplus in 2015, and a fully funded pension system. Not bad!




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The above is a reply to the following message:
Scott Walker tax cut plan passes Senate with no room to spare
By: clo
in FFFT
Wed, 05 Mar 14 2:13 AM
Msg. 61746 of 65535

Scott Walker tax cut plan passes Senate with no room to spare

Madison — With no votes to spare, Senate Republicans Tuesday passed Gov. Scott Walker's $541 million tax cut proposal in a vote that guaranteed the cuts will become law.

The tax decreases — the third round of cuts by Republicans in less than a year — passed 17-16 with GOP Sen. Dale Schultz of Richland Center joining all Democrats in voting against the proposal. The proposal now goes to the state Assembly, which passed a different version of the tax cuts last month with two Democrats joining all Republicans in supporting it.

With growing tax collections now expected to give the state a $1 billion budget surplus in June 2015, Walker's bill will cut property and income taxes for families and businesses and zero out all income taxes for manufacturers in the state.

more:
http://www.jsonline.com/news/statepolitics/scott-walker-tax-cut-plan-goes-to-senate-with-little-room-to-spare-b99217960z1-248379321.html


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