The State Senate passed its version of the budget last night on a 17-16 vote, with one Democrat, Jim Sullivan of Wauwatosa, joining the Republicans to vote against it. In general, WCCF likes what the Senate did. A couple examples of changes we support are indexing the minimum wage and eliminating the generous capital gains tax break. They also came up with a reasonable compromise to address the low-income rental housing tax exemption conundrum. We were disappointed to see that the Senate deleted some of the positive changes to W-2 put in the budget by the Joint Finance Committee. A conference committee will now be appointed to resolve the differences between the Senate and Assembly versions of the budget. For more information on the Senate’s action, check out our reaction statement, our ever-evolving analysis of the budget’s impact on kids and families at each stage in the process, and the Legislative Fiscal Bureau’s summary of the Senate bill.
WEBINAR: Reimagining an Affordable Wisconsin
Learn how we can stop wealth from flowing to the top and invest in what families need. Tuesday, June 301–2 pm CT Register Here Every family deserves a fair shot, no matter their race, background, or zip code. But, too many of us struggle to afford the basic...
