Republicans in the Assembly are proposing a middle class income tax cut.
Majority Leader Jim Steineke of Vandenbroek believes its something both sides can agree on. He says individuals making less than $100,000, and families earning less than $150,000, would see a 10 percent cut. For the average family, Steineke says it would be $310 a year.
Governor Evers also wants to lower taxes for the middle class, but Steineke says they’re are differences on how to pay for it.
Steineke says Republicans would use money from the budget surplus. Evers wants to cap a tax credit for manufacturing and agriculture.
Steineke and other Republican lawmakers from northeast Wisconsin unveiled the proposal at UW-Green Bay’s student union.
Governor Evers opposes Republican plan. Evers spokeswoman Melissa Baldauff says it “falls short” of what the governor wants to do.
She blames Republicans for rejecting federal money to pay for Medicaid expansion, and hiring outside attorneys for lawsuits targeting last month’s lame-duck session. She says those moves “leave taxpayers on the hook for hundreds of millions of dollars.”
