CONTACT: Rep. Felzkowski 608-266-7694
Madison- This afternoon, the non-partisan Legislative Fiscal Bureau (LFB) released updated projections on tax revenues for fiscal years 2018-19 and the biennial budget bill. Due to the strength in individual income tax collections and corporate income/franchise tax collections, Wisconsin is estimated to bring in $753 million more than what was projected in January.
Rep. Mary Felzkowski (R-Irma) and her Republican colleagues have made sound, fiscally responsible reforms over the past eight years leading to an improved Wisconsin where people want to live, work, and raise a family.
Felzkowski commented, “Wisconsin’s economy is strong. We have more people working in the state now than any time before. Unemployment is at a historic low. Companies are moving their operations here because of our pro-business climate and resilient workforce. Wisconsinites all across our state will reap those benefits. Republicans have made many tough, fiscally responsible decisions over the past eight years, and we continue to see these positive results.”