MILWAUKEE — The U.S. Senate’s fiscal cliff deal prompts a political response from Washington to Wisconsin.
Assembly Speaker Robin Vos says any tax increase is a bad deal for taxpayers.
“If they listen to the people back home, nobody thinks we should be paying higher taxes when we’re in the middle of a very bad economy. Unfortunately, this deal is the biggest tax increase in decades, and it’s going to have a dampening effect on the economy,” said Vos.
The deal in play as of early New Year’s Day would allow taxes to increase on affluent Americans; those with household income above $450,000. The deal also temporarily stops the sweeping spending cuts called for under the fiscal cliff plan.
Vos says that delay will hamper Wisconsin’s ability to plan a budget.