The state Assembly has passed Gov. Scott Walker's $504 million property- and income-tax-cut plan on a bipartisan 62-37 vote.
The vote Tuesday now sends the bill to the Senate, and Republicans in control there have said they want to make changes to how much money is put into savings while not significantly altering the tax cuts.
“That’s why this latest wrinkle, in that the numbers don’t add up in the bill as presented is kind of, I don’t want to say I told you so, but I told you so. What they’re working on over there right now is not in balance,” Senate Majority Leader Scott Fitzgerald said.
Before passing the bill, the Assembly rejected a Democratic alternative that called for spending more on job training and reducing property taxes.
“What he’s going to tell you, probably already did, is take out that rubber stamp and just stamp what the governor tells you to do. Maybe he’s given you that speech, but be aware that your colleagues, the Republicans in the Senate, are not willing to pull out that rubber stamp,” Assembly Minority Leader Peter Barca said.
Republicans say they support Walker's plan because it returns much of a $912 million budget surplus.
Fitzgerald said the Senate will simply send the bill to the Finance Committee, and he’s in no hurry to pass the plan before he addresses the structural deficit issue with his members.
Assembly Speaker Robin Vos said he’s willing to talk about it, but won’t change the property or income tax amounts in the plan right now.
Walker's proposal would cut property taxes for the owner of a typical home by $131 on the bill mailed in December. It also would reduce income taxes by an average of $46 per taxpayer.