First Business

February 21, 2013

Walker calls for income tax cut, property tax freeze

Wisconsin Gov. Scott Walker, in his 2013 budget address Wednesday night, called for an income tax cut totaling $343 million and a freeze on property tax increases.

Walker said cutting income taxes and freezing property taxes would save a family of four with $80,000 annual income $272 per year.

â;€Âoe;We reversed the trend in Wisconsin in the last budget when we lowered the overall tax burden,â;€Â; Walker said. â;€Âoe;Now we are lowering taxes on middle class taxpayers, by specifically reducing the ratesâ;€¦;

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