Madison
67° F
Scattered Clouds
Scattered Clouds
Advertisement

Walker says income tax cut to be around $350M

Published On: Jan 30 2013 03:35:16 PM CST
Updated On: Jan 22 2013 03:48:34 PM CST
Gov. Scott Walker
MADISON, Wis. -

Gov. Scott Walker said it's reasonable to expect an income tax cut he plans to propose in the state budget will be around $342 million.

Walker said how much that level of cut would mean to taxpayers is still being worked out. He made his comments Tuesday following a speech at the Wisconsin Technology Council.

Walker said the tax cut would come out to about a $200 savings per family, but details were still being worked out as to how it would be applied to various income levels.

The $342 million Walker is eyeing for the income tax cut is how much money the state is projected to have in a budget surplus.

Walker is expected to release his budget next month.

Advertisement
  • Scotland independence crowd

    REUTERS/Dylan Martinez

    Celebs react to Scotland's independence vote

    On September 18, Scots will go to the polls to vote on the future of their country. The outcome could end Scotland's 307-year union with England and Wales as Great Britain -- and see it launch into the world as an independent nation of some 5.3 million people. Take a look at celebrity (both Scottish and not) reactions to the referendum.

  • Roger Goodell

    CNN

    The world reacts to NFL abuse scandals

    The NFL has suffered extensive backlash in their handling of both the Ray Rice domestic abuse and Adrian Peterson child abuse cases. Take a look at reactions to the recent NFL abuse scandals.

  • Police lights file 2

    Ridiculous 911 calls

    Have you ever considered calling 911 because of a massive spider in your house? How about because a McDonald's employee got your order wrong? Take a look at some of the strangest reasons people have recently called 911.

Advertisement