Friday, October 20th

Kevin Nicholson (left), Tammy Baldwin (center) and Leah Vuk mir (right)(Photo: Milwaukee Journal Sentinel)

With President Donald Trump and Republicans in Congress pushing for an overhaul of taxes, the candidates in next year's U.S. Senate race are staking their positions on a critical issue that affects businesses and individuals across the state.

Democratic U.S. Sen. Tammy Baldwin has voiced her strong opposition to the GOP plan.

The two candidates running for the GOP nomination, state Sen. Leah Vukmir of Brookfield and Delafield businessman Kevin Nicholson, are supportive of the tax outline.

Of course, there is a political dimension to the tax fight. Americans for Prosperity, a conservative group backed by billionaire industrialists Charles and David Koch, has jumped into the fray with a seven-figure TV ad buy calling on Baldwin to support tax reform.

The GOP plan, introduced last month, would allow for up to $1.5 trillion in tax cuts, slash the corporate tax rate from 35% to 20% and shrink the current seven individual tax brackets to three.