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Income tax cut moves this one to Promise Kept as well
By signing the 2013-'15 state budget June 30, 2013, Gov. Scott Walker acted on his promise to reduce taxes on employers.
As we've noted previously on this pledge, Walker had already approved measures to cut taxes for small businesses; remove all income taxes for two years for businesses that move to Wisconsin; and phase out the state tax on the production earnings of manufacturers and agricultural businesses to almost nothing by 2016.
With the new budget, the state cuts rates across all individual income tax brackets and reduces the number of income tax brackets from five to four.
That's relevant because many business owners run their profits through the individual tax system.
When we previously evaluated this promise, we noted the progress Walker had made and said that until he signed an income tax cut, we'd rate the promise In the Works. We now move the rating to Promise Kept.
Our Sources
Wisconsin Budget Project, "An overview of taxes and revenue in the 2013-15 budget,” July 3, 2013
CCH Group, "Wisconsin -- Multiple taxes: Enacted budget bill includes rate cuts, many other tax provisions,” July 2, 2013
Email interview, Gov. Scott Walker press secretary Tom Evenson, July 11, 2013
Email interview, Wisconsin Taxpayers Alliance president Todd Berry, July 11, 2013