Madison- Senate Majority Leader Devin LeMahieu (R-Oostburg) released the following statement after the Legislative Fiscal Bureau issued the memo covering State Tax and Fee Modifications Included in the Governor’s 2023-25 Budget Recommendations. The Fiscal Bureau memo shows the Governor would increase taxes and fees by $108 Million during the two years covered by this budget period.
“The Governor claims his plan cuts taxes but the facts show a huge tax increase. Hard working families in Wisconsin are already struggling with inflation caused by reckless spending in Washington.”
Based on the memo, a family earning the median income of $70,000 would only see a tax reduction of $100. The Governor’s claim was that this family would see a $200 tax cut. The memo does not include the possible impact of local sales and property tax increases allowed under the Governor’s plan.
“The Republicans will deliver a budget that is responsible and has a true tax cut for everyone. We will continue to build on the successes we delivered during the past two budgets.”