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You are here: Home / Politics / Govt / Budget panel deadlocks on property taxes

Budget panel deadlocks on property taxes

May 3, 2007 By WRN Contributor

Legislators wrangle over the state budget and property taxes. On the Joint Finance Committee Thursday, Racine Republican, Representative Robin Vos proposed a cap on the levy limit for counties and municipalities: zero percent, or the percentage change in local governments' equalized value due to new construction. "A "no" vote on this motion is a guaranteed $1.2 billion property tax increase," said Vos. Madison Democrat, Representative Mark Pocan , said the Vos plan sounded suspiciously similar to a Republican initiative from legislative sessions past. "Call it TABOR two, son of TABOR, bride of TABOR. I think this is more like the TABOR Matrix" Pocan said. The 16 member budget committee deadlocked on Vos' proposal, as well as on a motion to delete the real estate transfer fee increase from Governor Jim Doyle's proposed budget.

AUDIO: Bob Hague reports (:60 MP3)

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