Wis. Assembly Passes $504M Cut To Income, Property Taxes

Law360, New York (February 11, 2014, 7:46 PM EST) -- The Wisconsin Assembly on Tuesday passed Gov. Scott Walker's proposal to slash income and property taxes by nearly $504 million, despite criticism from Democrats that the bill is being rushed through the Legislature.

State representatives voted 62-37 in support of the legislation, which would reduce Wisconsin's lowest income-tax bracket from 4.4 to 4 percent and bring about other changes to the state's tax code. The bill's passage sets up the legislation for a vote by Wisconsin's Republican-controlled Senate.

Republicans said the tax cuts would help middle-class...
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