Deal apparently reached on Walker tax cut plan
Republicans appear to have reached a deal on Walker's $504 million property, income tax cuts
Republican state senators appear to have reached agreement on Gov. Scott Walker's $504 million property and income tax cut plan, scheduling a vote Wednesday in the Legislature's budget committee to approve the bill.
Discussions in the Senate have revolved around whether to keep $100 million in the state's rainy day fund, which is akin to a savings account, or move it into the general fund, or checking account.
Rep. John Nygren, the Republican co-chair of the Joint Finance Committee, says he doesn't know what senators have agreed to. But he said Tuesday that there has been no talk of actually changing the tax cuts as proposed.
"All along we were willing to call a joint finance meeting. The Senate wasn't there yet. They've expressed their desire to do it now, so I believe the ball is in their court to come back with a proposal that we can have a discussion about," Nygren said.
“I don’t want to talk in hypotheticals. I don’t know what they need to do to get the 17 votes to pass the proposal. We want to work with them on that, that’s why I’m looking forward to hopefully meeting with Sen. Fitzgerald in the next couple days along with Chairman Nygren and Chairman Darling to figure out what the best proposal is for everybody so we can get one that everybody can adopt,” Assembly Speaker Robin Vos said.
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