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Committee passes Walker $504 million tax cut bill

 
 Committee passes Walker $504 million tax cut bill
Posted February 6th, 2014 @ 11:37am by Associated Press

MADISON, Wis. (AP) _ A state Assembly committee has passed Gov. Scott Walker's half billion dollar property and income tax cut bill.

 

 

 

Passage of the proposal Thursday clears the way for it to be taken up by the full Assembly on Tuesday. Another committee earlier Thursday also passed Walker's bill to spend $35 million on worker training initiatives.

 

 

 

Democratic opponents say the Assembly is moving too quickly on the proposals. Republican Senate Majority Leader Scott Fitzgerald has also been critical of the Assembly's approach, saying the measures should first go to the Joint Finance Committee before being debated.

 

 

 

The tax cut proposal would spending $406 million on cutting property taxes and about $98 million to reduce income taxes. It cleared the committee on a party line 8-6 vote.

 

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