2-18-20 jt. finance committee approves republican tax cut plan

MADISON, Wis. (AP) — 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.

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