MADISON, Wisconsin (Reuters) – Wisconsin Gov. Scott Walker signed into law on Tuesday a bill to make it tougher to approve state tax increases, a measure that is not related to the protests over attempts to curb the power of public unions.
The new law, which was proposed by the Republican governor, requires a two-thirds majority vote in the Senate and Assembly to raise income, sales or franchise tax rates instead of a simple-majority vote.
"I went to work today, met with my cabinet, and signed legislation that will help government operate within its means," Walker said in a statement. "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."
The Republican-controlled legislature gave final approval to the measure on February 8, three days before Walker announced his controversial plan to curb public sector union bargaining rights as part of a plan to tackle a $3.74 billion, three-year budget deficit.
Source:
http://news.yahoo.com/s/nm/20110222/us_nm/us_wisconsin_taxes1