Wisconsin’s governor may be softening on a tax cut for retirees in the state.
Gov. Tony Evees was a guest on Capital City Sunday on television in Madison. He said he’s open to the idea of a tax cut for retirees in the state.
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Wisconsin’s Republican-controlled State Senate on Thursday rejected Wisconsin Elections Commission Administrator Meagan Wolfe’s nomination to serve another four-year term, a move that normally would end the controversial regulator’s tenure in office.
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The second attempt from Wisconsin Republican lawmakers to cut taxes will end the same as the first Gov. Tony Evers said Wednesday.
Evers took to social media to promise a veto for the $3 billion tax cut that began its journey through the legislature Wednesday.
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In the wake of Governor Tony Evers’ gutting of a historic tax cut proposal earlier this summer, Republicans are pushing another plan they said would deliver nearly $3 billion in tax relief for retirees and the middle class.
Conservative lawmakers said the plan to tap into the state’s projected $4 billion budget surplus is a “second chance” for the liberal governor to “do the right thing” and return overpaid tax dollars back to Wisconsin’s taxpayers.
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Taking a page from a Florida plan to bring tax relief to families, two Badger State Republican legislators are pushing a bill that would create a sales tax exemption on baby-related products.
State Representative David Steffen (R-Howard) and State Senator Jesse James (R-Altoona) recently introduced the “Tiny Tot Tax Cut” to help fight inflation where it can hurt families the most.
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July marked the beginning of Fiscal Year 2024 for 46 of the 50 states. It also closes the books on most state legislative sessions in what was an incredible 2023 for hard-working taxpayers.
In recent years, we’ve seen significant income tax relief in the states. Notably, 10 states – Kentucky, West Virginia, Montana, Utah, Arkansas, North Dakota, Indiana, Nebraska, Connecticut, and Ohio – have cut personal income taxes (PIT) in 2023. With the new addition of West Virginia, North Dakota, and Connecticut, 22 states have cut personal income taxes since 2021, with several of these states cutting taxes multiple times during that period.
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In signing Wisconsin’s new two-year spending plan Wednesday, Democrat Governor Tony Evers liberally applied his veto pen to the Republican-crafted biennial budget, gutting a $3.5 billion tax cut proposal that had reduced the state’s tax brackets and delivered relief for all taxpayers.
Republicans blasted the governor for his 51 partial vetoes, including a particularly sneaky one that changed the meaning of funding for schools to a four-century commitment.
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After a season of spending, the Wisconsin Legislature is finally getting around to talking tax cuts. Perhaps Republicans have saved the best for last.
The Republican-controlled Joint Finance Committee put the finishing touches on a complete rewrite of Democrat Governor Tony Evers’ 2023-25 state budget proposal, passing a tax reform package that promises to deliver $3.5 billion in income tax cuts and nearly $800 million in property tax relief.
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The focus at the Wisconsin Capitol has, so far, been on sending more money to local governments across the state. Assembly Speaker Robin Vos says that’s going to change.
Vos on Friday told News Talk 1130 WISN’s Jay Weber that Republicans are working on a plan to use about $3 billion of Wisconsin’s record $7 billion surplus on tax cuts.
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Forget the ax, the Legislature’s budget-writing committee is about to take dynamite to Governor Tony Evers’ record $104 billion budget proposal.
The Democrat’s 2023-25 budget blueprint seeks a 24 percent spending increase over the biennium, funding a long list of liberal policy initiatives and grow government agenda items.
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Tax reform is top of mind for Republicans this legislative session. But while a flat tax measure has taken center stage, another proposal by one legislative leader to eliminate Wisconsin’s personal income tax has seemingly disappeared from the tax cut discourse.
A new State Policy Network (SPN) survey shows a good deal of support for nixing the state income tax.
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It may be the most money some people ever see from the Wisconsin Lottery.
Lottery managers in the state said the latest lottery tax credit means a $213 tax cut for the average homeowner in the state.
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