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Август
2023

Wisconsin Republicans revive income tax cut after Evers vetoed similar plan

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Wisconsin Assembly Republicans proposed a nearly $3 billion tax cut targeting the middle class on Tuesday, but it’s unclear whether Democratic Gov. Tony Evers is on board after he vetoed a similar tax cut just last month. Republicans called for tapping the state’s projected $4 billion budget surplus to pay for the tax cut, which would lower the state’s third income tax bracket from 5.3% to 4.4% and exclude the first $150,000 of a couple’s retirement income from taxes. Evers vetoed that same income tax cut in the state budget. The retirement income exemption is a new idea. Evers had no immediate comment on the new Republican proposal.



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