Bill to limit tax hikes OK'd
Rep. Tyler August, R-Walworth, co-authored the bill, requiring two-thirds vote to raise the state's income, sales and franchise taxes. It passed 57-36.
August said he also authored a constitutional amendment that would make the change permanent.
"The only way to get our state on the road to fiscal recovery is to stop the tax and spending increases that our taxpayers can simply not afford," August said. "Our goal is to improve the tax and job creation climate so that we can get Wisconsin back on the right track."
Wisconsin ranks among the top 10 for the nation's highest state and local tax burden, as well as having a poor ranking for business tax climate, August said in a press release.
The supermajority requirement approved Wednesday is similar to what is used in 16 other states, he added.
"I am encouraged at the progress the state legislature and Gov. (Scott) Walker have made in our first few weeks in office," August said.
"Passing this bill is a major step forward toward a better tax climate in our state."
Sen. Leah Vukmir, R-Wauwatosa, co-authored the bill with August.
Last updated: 3:58 pm Thursday, December 13, 2012