Walker Signs Tax Cut Bill
Created: 03/24/2014 9:43 AM WDIO.com
MADISON, Wis. (AP) - Gov. Scott Walker will sign his tax cut bill at a farm in Shawano County.
Walker will sign the legislation Monday at Horsens Homestead Farms in Cecil.
The bill devotes a large chunk of the state's $977 million surplus to property and income tax cuts. It sends $406 million to technical colleges to reduce their property tax hit and cuts income taxes by nearly $99 million.
For taxpayers, the measure amounts to a $131 reduction on a median-valued home's tax bill this December and saves the average worker $46 in annual income taxes.
Democrats criticized the bill as an election year gimmick. Walker faces re-election in November.
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