Finance panel pushes GOP tax cuts to full Senate, Assembly

Wisconsin State Capitol
File photo

MADISON, Wis. — Wisconsin Republicans have pushed a $250 million tax cut plan through the Legislature’s finance committee, setting up floor votes in the Senate and Assembly.

The plan would reduce income taxes by an average of $106 for most filers. and reduce property taxes for manufacturers by $45 million. The Joint Finance Committee voted 10-4 on Monday to approve the package.

All four committee Democrats opposed the plan. The committee vote clears the way for a vote Wednesday in the full Senate. The Assembly is expected to consider the bill during its last floor period of the two-year legislature session on Thursday.