Tuesday, February 22, 2011

Walker signs bill requiring 2/3rds vote to pass tax hikes

Walker signs bill requiring 2/3rds vote to pass tax hikes
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   Governor Scott Walker has signed Special Session Assembly Bill 5 which requires a two-thirds' vote to pass tax rate increases on the income, sales or franchise taxes.
   “I went to work today, met with my cabinet, and signed legislation that will help government operate within its means,” Walker said. “Wisconsinites can’t turn to raising taxes to balance their own family budgets when times get tough. This bill will ensure that we don’t kick the can down the road for a quick budget fix only to slap a long-term tax hike on the backs of Wisconsin taxpayers. I thank Senator Leah Vukmir and Representative Tyler August for their leadership on this issue.”

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