NEW INFORMATION: Wisconsin Senate passes governor's tax cuts

By: AP Email
By: AP Email

MADISON, Wis. (AP) -- The state Senate has approved Republican Gov. Scott Walker's $504 million tax cut plan.

The proposal would send $406 million to technical colleges to reduce their property tax hit and cut income taxes by $98.6 million. The plan would shrink property taxes on a median-valued home by $131 on this December's bills and save the typical taxpayer $46 in income taxes.

The Senate passed the bill 17-15 Tuesday. The Assembly passed the measure last month but the bill has to go back to that house because the Legislature's budget committee tweaked it before the Senate took it up.

The Senate also unanimously approved another Walker proposal Tuesday to create $35 million in job training grants. That bill now goes to Walker for his signature.
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MADISON, Wis. (AP) --The state Senate is set to vote on Republican Gov. Scott Walker's $504 million tax cut plan.

The proposal would send $406 million to technical colleges to reduce their property tax hit and cut income taxes by $98.6 million. The plan would shrink property taxes on a median-valued home by $131 on this December's bills and save the typical taxpayer $46 in income taxes.

The Senate is scheduled to take up the bill Tuesday along with another Walker proposal to create $35 million in new Department of Workforce Development job training grants. Both bills would be funded through the state's $977 million surplus.

Democrats have argued the tax cuts should be more narrowly focused on the middle class and worker training programs, Medicaid and transportation deserve more money.


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