Vos Signals Significant Tax Cuts
Prior to the election, GOP candidates were touting major tax reform plans in the new legislative session. The election results ended the full extent of their plans, but tax cuts appear to still be on the horizon.
Speaking at a meeting of the Wisconsin Policy Forum, Speaker Robin Vos announced that he expects to use a large portion of the projected $6.8 billion surplus for tax cuts. In the last budget, Evers and legislative Republicans agreed on $3.4 billion in reductions and Vos says he expects that to be the floor for discussions this time. Governor Evers announced he will propose a 10% middle class tax cut when he releases his budget in February.
Read the full blog post here.
Jon Turke
Vice President of Government Affairs
jturke@foxcitieschamber.com
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