Walker unveils $100 million property tax cut
MADISON, Wis. (AP) -- Gov. Scott Walker is proposing a $100 million property tax cut.
Republican Senate President Mike Ellis tells The Associated Press that Walker will call a special session for the Legislature to consider the idea next week. Walker was scheduled to announce the plan Thursday.
Ellis says, "I don't know why anybody would be opposed to this."
Ellis says Walker plans to tap additional state revenue that's come in above projections to offset projected increases in property taxes statewide. Ellis says the effect statewide will be no net property tax increase.
Ellis says the last time something was done like this was in 1993.
Some democrats claim Walker's tax cut might not help as many people as Republicans hope.
“The non-partisan Legislative Fiscal Bureau estimates that the plan announced by Gov. Walker and Republican leaders would not even erase the projected property tax hike contained in the current Republican budget," explains Assembly Democratic Leader Peter Barca (D-Kenosha). "And using the school equalization aid formula means that any benefit from the Republican plan would not be applied equally and some may see no benefit at all."
Walker is announcing the plan just days after Democrat Mary Burke said she will be challenging him for re-election next year.