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Wisconsin Republicans propose $250 million income tax cut

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MADISON, Wis. (AP) -- Income taxes for the average person in Wisconsin would be cut by $105 under a Republican proposal that lawmakers plan to vote on next week and quickly send to Democratic Gov. Tony Evers.

The nearly $250 million income tax cut is the largest part of the GOP plan announced Friday.

It also would reduce personal property taxes paid by businesses by nearly $45 million and cut general state debt by $100 million.

Republicans are tapping some of the state's projected $620 million budget surplus to pay for the tax cuts.

It's unclear whether Evers supports any of the tax cuts.

At a GOP news conference in West Salem on Friday, Tomah Republican Nancy Vandermeer said "Due to the robust economy, we have additional revenues that we believe should be paid back as a dividend to our hardworking Wisconsinites." Wonewoc Representative Tony Kurtz added, "We had a middle class tax cut in the budget that Republicans and the Governor agreed on. We're just building on that. Our State is in very good financial condition."

Associated Press

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