MADISON, WI (WSAU) - The Governor said during a television appearance Tuesday that an estimated 342-million-dollar surplus in the current state budget should be given back to the taxpayers.
Walker said a middle class family can expect about a 200 dollar tax break. Assembly Speaker Robin Vos said the total tax cut would be at least 300-to-350-million dollars, spread over the two-year budget period. We can expect to see it when we file state tax returns a year from now.
Vos said the state can still afford to provide more money to public schools, and take care of low-income and elderly people in the Medicaid programs. Democrats oppose giving the money back, saying any tax cut should be paid for with new revenues or spending cuts, adding that low-income people who lost earned income tax credit two years ago should be the first to get any surplus.
Democrats don’t have the votes to win that argument.