One Wisconsin legislative leader has responded to Gov. Scott Walker’s plan to divert future Milwaukee Bucks player income tax revenue to pay for a new Bucks arena, and despite being a fellow Republican, he is not so thrilled with it:
Gov. Scott Walker’s plan for a new Milwaukee Bucks arena has “zero chance” of passing the Wisconsin Legislature in its current form, Republican Assembly Speaker Robin Vos told county officials at a meeting Wednesday.
What form would give it a better chance of passage, then?
State Sen. Tom Tiffany, a Republican who represents the northwoods section of the state, predicted the Legislature would cut the arena bond figure to $100 million.
“I actually think that that’s a reasonable number,” Vos said.
Vos wants to see the city and county of Milwaukee fill in the rest of the gap, which given that Walker is already expecting those taxpayers to chip in $50 million in arena costs, would push the project’s budget gap to $170 million, even if the state provides $100 million in income-tax kickbacks. That’s a hefty chunk of change, so even if the legislature approves a scaled-back version of Walker’s plan, that’s going to be a heavy lift.
Or, you know, the Bucks owners could decide that a new arena is so badly needed that they’d be willing to cover a bigger share of the costs — hahahaha, just kidding, we know that almost never works.