MADISON – Governor Scott Walker traveled to Oshkosh, Rhinelander, Eau Claire, and Janesville today to discuss the Child Tax Credit Rebate proposed in his Ambitious Agenda from Wednesday’s 2018 State of the State Address. Governor Walker introduced his plan that would provide $100 for every child living at home under 18 through a check in the mail this year, and a permanent refundable Child Tax Credit would be created for 2018 and beyond.
“We are getting positive things done for the people of Wisconsin,” Governor Walker said. “The conservative reforms we’ve implemented have paid off, so I want to keep my promise to put our budget surplus back into the hands of hardworking taxpayers,” said Governor Walker.
Wisconsin finished this past fiscal year with a more than half-billion-dollar surplus, and the nonpartisan Legislative Fiscal Bureau recently announced that the current state budget is expected to end with an even larger than expected surplus.
The tax cut is estimated at $122.1 million per year, a quarter of a billion-dollar tax cut to families in this budget over the next two years.