Highlights of Gov. Evers` State Budget Proposal

Gov. Tony Evers` first state budget is a plan that will spell out his spending priorities for the next two years.

Highlights of the two-year Wisconsin budget proposal coming Thursday from Gov. Tony Evers:

ROADS: Evers has signaled he will increase the state`s 32.9-cent gas tax to pay for roads in a comprehensive plan to find a long-term funding solution. Republicans have shown openness to toll roads, but some conservative senators stand ready to block any type of tax or fee increase....

TAXES: Evers will propose a 10 percent income tax cut targeting middle-income earners. He vetoed a similar Republican bill last week. Evers and Republicans disagree over how to pay for the tax cut....

DARK STORES: Evers will call for closing the "dark stores" loophole that allows big box retailers to save millions of dollars in property taxes by assessing the value of their active stores as if they were vacant....

ECONOMIC DEVELOPMENT: Evers campaigned on defunding the state`s job-creation agency, the Wisconsin Economic Development Corp. But since winning election, Evers backed off on eliminating WEDC and instead will propose tightening restrictions on tax breaks it gives companies....

MINIMUM WAGE: Evers also campaigned in support of raising the minimum wage to $15 an hour. He said his first budget will provide a pathway to getting that done, but won`t go all the way in two years....

SEE ALSO:

Evers’ budget to push for more accountability, transparency in WEDC

   ...more

Ken Notes: Many more items at link, I pulled the ED related ones. I hope WDN had a little impact on the WEDC plans -- we are still advocating for:

  • Partnering with counties and major metros to fund a local ED professional
  • A better tracking system
  • A fixed tax credit for all new jobs created
  • A new option for single project TIF support
  • No upfront grants unless federally or bank backed

    ... Oh and the ironclad development agreement is a must... Trust but verify...



- - Volume: 7 - WEEK: 9 Date: 2/28/2019 9:16:04 AM -