Higher taxes would slow our improving economy. With this in
mind, this budget does not include a gas tax increase or a vehicle registration fee
bump.Overall, our budget includes more than $630 million in tax cuts. Let me
repeat that, our budget includes more than $630 million in tax cuts. In
addition to helping the middleclass, our tax cuts support small businesses and key
Wisconsin industries likemanufacturing and agriculture.
Combined, a family of four, with Mom and Dad making about
$40,000 each would save $272 dollars from the income and property tax relief in our
budget. Over the next decade, this family stands to save more than $1,000 in
income taxes alone.
Our tough, but prudent, decisions two years ago put us in a
position to further reduce the tax burden of our citizens, while still investing in our
priorities. Compare that to the tax increases enacted and proposed in our neighboring
states. And the folks in Washington, D.C., provide an even starker contrast to our