Senate Majority Leader Scott Fitzgerald Praises Tax Cut Plan
[Madison, WI] — Senate Majority Leader Scott Fitzgerald released the following statement today in support of the newly introduced plan to cut taxes:
“Since late last year, I’ve wanted to see a tax cut for hard-working families. Wisconsin is in great fiscal shape and we should prioritize giving money back to taxpayers.
“The size of our budget surplus was much higher than I ever anticipated. After discussions with the Senate Republican caucus and Speaker Vos, I fully support the direction we’re headed with this plan. Wisconsin Republicans are once again putting taxpayers first. Our reforms have left the state with a massive surplus that belongs to the taxpayers.”
The newly introduced tax cut package reduces middle-class income taxes by nearly $250 million by changing the standard deduction tables. Additionally, almost $45 million would go toward decreasing personal property taxes and $100 million would pay off general fund supported borrowing.
Majority Leader Fitzgerald and Republicans have cut taxes by more than $13 billion over the last ten years, according to estimates by the nonpartisan Legislative Fiscal Bureau.
Senate Majority Leader Scott Fitzgerald (R-Juneau) represents the 13th Senate District, which covers portions of Dodge, Jefferson, Waukesha, Washington, Dane, and Columbia counties.