Walker, Assembly propose one-year tax rebate, holiday

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MADISON, Wis. (AP) -- Families with school-aged children would receive a one-time $100 tax rebate and Wisconsin's 5 percent sales tax would be waived the first weekend in August under a deal reached with Gov. Scott Walker and Assembly Republicans.

Walker and Assembly Speaker Robin Vos announced the agreement Thursday. It's a variation of a tax cut Walker first put forward last month. It's unclear whether the Senate is on board.

Walker's call for a one-time child tax rebate to be delivered this summer is unchanged. But instead of having that continue as a tax credit, the new plan would include the sales tax holiday in August.

Sales taxes would be waived for purchases up to $100, with some exceptions.

The tax cuts would be for this year only and come just days before the Aug. 14 primary.



 
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