Watch CBS News

Wisconsin GOP Proposes 10 Percent Income Tax Cut

MADISON, Wis. (AP) -- Wisconsin Assembly Republicans are proposing a 10 percent income tax cut similar to what Democratic Gov. Tony Evers says he wants.

Republicans unveiled their plan Thursday. Evers campaigned on paying for an income tax cut by reducing a corporate tax cut program by about $340 million.

But Republicans don't want to do that. Instead, they would pay for it using a budget surplus.

Assembly Speaker Robin Vos says the plan keeps Evers' campaign promise without jeopardizing the Manufacturing and Agriculture Credit program Republicans enacted under former Gov. Scott Walker.

(© Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.