MADISON, WI (WTAQ) - Wisconsin Assembly Republicans say they’re looking to cut taxes even more than what Governor Scott Walker proposed in his two-year state budget.
Finance committee co-chair John Nygren of Marinette says he and other GOP lawmakers will review the state’s tax code, and consider changes to at least 52 programs which offer tax credits.
Nygren said some credits could go up, while others would end or be reduced. He says any new tax cuts would have to be paid for with lower spending in other parts of the new budget.
Assembly Republicans Dale Kooyenga of Brookfield and John Klenke of Green Bay are working on the review of the tax code.
State Administration Secretary Mike Huebsch said Governor Scott Walker would welcome more tax cuts. The governor’s budget already includes $343 million in income tax reductions over the next two years.