Tax cuts focus of State of the State speech tonight Submitted: 01/22/2014
MADISON - A $504 million tax cut will be the centerpiece of Governor Scott Walker's State of the State speech. Walker is set to deliver his 4th State of the State speech tonight before a joint meeting of the Legislature. Walker says he will outline his plans for lowering property taxes by about 100-dollars for the owner of a typical home. He is also calling for lowering the lowest income tax bracket, resulting in savings of between 44-dollars and 58-dollars for each filer.

The tax cuts are made possible due to a state budget surplus. Republican legislative leaders are praising the plan, while Democrats say more needs to be done to benefit the middle class. Walker's speech begins at 7 tonight from the Assembly Chamber at the State Capitol. Our own Ben Meyer be there to cover it for Newswatch 12. Ben will have live reports from Madison on Newswatch 12 at 5, 6, and 10 tonight. (Copyright 2014 Associated Press - All Rights Reserved)

Story By: Associated Press

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