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updated 11:21 AM UTC, Jun 23, 2018

Overdue State Budget Heads To Assembly

  • Written by Wheeler
  • Published in News

The Wisconsin Assembly is expected to vote next week on a new state budget that will be almost two and a half months overdue by then.

The Joint Finance Committee completed its work on the two year, 76-billion dollar package Wednesday night as majority Republicans made a number of tax changes that Democrats opposed. The panel reduced the personal property tax for non manufacturing business equipment by 75-million dollars and approved tax exemptions for items ranging from broadcast equipment to bee making supplies -- and they said no to Governor Scott Walker's proposals for a 203-million dollar income tax cut, a back to school sales tax holiday, and 20-million more for the earned income tax credit for the working poor. Assembly Republican Dale Kooyenga says the budget makes the tax code simpler and fairer, but Senate Democrat Jon Erpenbach said it gives more to the wealthy.


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