MADISON – Assembly Republicans approved a state budget late Tuesday that would cut taxes by more than $3 billion over two years, clear the way for an expansion of I-94 in Milwaukee and end the 8-year-old freeze on in-state tuition at University of Wisconsin schools.
Their $87.5 billion plan passed 64-34, with four Democrats joining all Republicans in support. The Republican-run Senate is to take it up Wednesday.
The Legislature’s version of the budget would increase spending by 5.4% over current levels. Democratic Gov. Tony Evers sought to spend about $3.7 billion more than lawmakers.
The Republican version of the budget has at its heart a series of tax cuts.
It would reduce income taxes by $2.75 billion over two years, primarily by lowering one tax bracket from 6.27% to 5.3%.
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0935, 30 Jun 21
Assembly Passes Budget
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0935, 30 June 2021
The Legislature’s version of the budget would increase spending by 5.4% over current levels.
They just can’t help themselves, can they?
Wisconsin state budget:$87 billion.
Arizona state budget: about $12 billion.
Arizona has over a million people and far more land than Wisconsin.
Taxes on a $170,000 home about $900.
How about property taxes in Wisconsin?
Yea, the tax cuts are for the people who can afford to pay their current tax rate. Republicans do know who contributes to their campaign coffers, don’t they?