The Joint Finance Committee has wrapped-up action on the 2019-21 state budget by voting to reduce income tax rates by more than $450 million and invest $58 million in property tax relief for Wisconsin homeowners. Senator Devin LeMahieu of Oostburg is on that committee, and he is very happy with the budget, saying in a statement “The tax cut approved…by the Joint Finance Committee brings Wisconsin’s bottom two income tax rates to their lowest levels since 1985.” Another Oostburg lawmaker, Representative Terry Katsma called the budget “An investment in Wisconsin’s working families.” This tax cut was achieved without shifting the tax burden to others or expanding welfare. In the previous action, the committee voted to reject more than $1 billion in proposed tax increases.
