MADISON (WKOW) -- The state Senate approved Gov. Scott Walker's $504 million tax plan on Tuesday.
The proposal sends $406 million to technical colleges to reduce their property tax hit and cuts income taxes by $98.6 million. The plan shrinks property taxes on the average home by $131 on this December's bills and saves the average taxpayer $46 in income taxes.
The Senate passed the bill on a vote of 17-15.
The Assembly passed the measure last month but the bill has to go back to that chamber because the Legislature's budget committee tweaked it before the Senate took it up.
In a statement, Gov. Walker said he looks forward to the Assembly's vote and to signing the tax relief proposal into law.
The Senate also unanimously approved another proposal from Gov. Walker to create $35 million in job training grants. That bill now goes to the governor for his signature.
MADISON (WKOW) -- Wisconsin state Senate is prepared to vote on Republican Gov. Scott Walkers' $504 million tax cut plan Tuesday.
The Senate is scheduled to take up the bill along with another Walker proposal to create $35 million in new Department of Workforce Development job training grants. Both bills will be funded by Wisconsin's $977 million surplus.
The tax cut proposal would send $406 million to reduce property taxes for technical colleges and $98.6 million to cut income taxes. The plan would also shrink property taxes by about $131, and save the typical taxpayer $46 in income taxes.
Democrats have argued the tax cuts should be more narrowly focused on the middle class and worker training programs, Medicaid and transpiration deserve more money.
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