Madison— Today State Representative Adam Neylon (R-Pewaukee), Chairman of the Assembly Committee on Jobs and the Economy, issued the following statement in response to the passage of Senate Bill 821, legislation which will use $250 million of the projected surplus to cut income taxes for 2 million people in Wisconsin, lower the amount manufacturers pay in personal property taxes by $45 million and pay off $100 million in state debt.
“Any time you can vote to reduce taxes by $250 million, pay off $100 million in state debt and put more than $100 million away into the rainy day fund, it’s an exciting day.
“History has proven tax cuts strengthen our economy. Only through conservative stewardship of the state’s budget since 2010 is legislation like this even possible. In that time, we’ve cut taxes by $13 billion.
“Any sensible governor would be thrilled to sign this tax cut and debt pay-down bill. I just hope our governor puts the good of his constituents ahead of politics and does the right thing.”