Health & Fitness
Walker calls for $100 million in immediate property tax relief
By Ryan Ekvall | Wisconsin Reporter
MADISON – The tax cuts just keep on coming.
Gov. Scott Walker on Thursday proposed $100 million tax cut for property taxpayers. Walker said he would call a fall special session, and legislative leaders indicate the bill could pass in the next couple of weeks.
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“That’s $100 million worth of tax relief for working families, senior citizens, farmers and small business owners all across the state,” Walker said. “For the third consecutive year (homeowners will) see a reduction of property tax levy for the median value home across the state of Wisconsin.”
Walker said property tax cut would be reflected in this year’s tax bill, but the total tax relief would be spread over the next two years.
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“The more we looked at, the more we looked at the size of the surplus, we said if we’re going to do it, let’s go big and go bold,” Walker said. “Let’s have dramatic impact on the people of the state when they’re paying their property tax bill.”
The average property taxpayer figures to save $13 this December and $20 next year compared to current law, according to the Legislative Fiscal Bureau.
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