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GOP Tax Cut Bill Advances

Thursday, February 7th, 2019 -- 10:56 AM

(WRN) -It's full speed ahead, for a middle class tax cut bill from Wisconsin Republicans.

It calls for tapping a budget surplus to pay for a 340 million dollar annual tax cut that would net an average reduction of 170 dollars. Democratic Governor Tony Evers has his own plan that would fund a cut by capping a manufacturing tax credit.

An Assembly committee approved the bill 8-4 partisan vote Wednesday. The Joint Finance Committee is set to vote on it today with an Assembly floor vote scheduled for Tuesday.

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