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Walker to Propose 'Significant' Tax Cuts

Created: 01/15/2014 1:29 PM WDIO.com

MADISON, Wis. (AP) - Gov. Scott Walker plans to propose "significant" income and property tax cuts in his State of the State address next week.

Walker's spokeswoman Jocelyn Webster said Wednesday that state tax collections are significantly higher than anticipated, allowing Walker to propose the tax cuts. She says details of his plans will be unveiled in the speech on Jan. 22.

Updated tax collection numbers are expected to be released any day. Webster says tax collections are hundreds of millions of dollars above previous estimates.

She says Walker is working closely with Republican legislative leaders on his tax cut proposals. Webster says one area he is looking at is adjusting income tax withholding tables to keep more money in paychecks.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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