Walker touts tax relief, says reciprocity "a ways off" - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Walker touts tax relief, says reciprocity "a ways off"

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LA CROSSE, Wisconsin (WXOW) -- On the heels of last night's State of the State address, Governor Scott Walker made La Crosse the first stop on his "Blueprint for Prosperity" tour.

The governor spent time Thursday morning touring and talking with employees of Xetex Inc., a company that builds industrial heat exchangers. In a statement, Walker highlighted many of the same points he made in Wednesday night's speech, emphasizing that his plan puts more money in the pockets of Wisconsin's workforce.

"We want to take about 800 million dollars of that surplus and give it right back to the people who earned it--the hardworking taxpayers of Wisconsin: a portion through property tax relief, a portion through income tax relief and through substantial changes in terms of withholding, so people can get more of their money back right now, and we can continue to have positive economic news in the future," said Walker.

The governor added a family of four, making $40,000 a year should see $58 more in terms of an income tax refund. Walker said the tax relief he wants to provide businesses and individuals comes thanks to a surplus the state accrued after paying off its debts.

One of those debts included nearly $60 million owed to Minnesota for a previous tax agreement. However, Walker said only if Wisconsin continues to add jobs, reciprocity may again be on the horizon.

"So, it may take us more time. I'd like to do it now, but I think the cost would be highly prohibitive to the legislature, so we're going to still keep working on it. It's something Governor [Mark] Dayton and I talk about, but we're a ways off yet."

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