Wisconsin’s cigarette taxes would be the third-highest in the country, smoking would be banned in workplaces statewide, and big oil company profits would be taxed under the budget Gov. Jim Doyle presented Tuesday night.
No state employees would be laid off or forced to take unpaid furloughs, and there would be no general sales or income tax increases. However, a new higher income tax bracket would be created for 1 percent of families who earn more than $300,000, and taxes on capital gains would increase.