"Wisconsin Republicans Unveil Ambitious Tax Relief Package"

1 min read
Source: Milwaukee Journal Sentinel
"Wisconsin Republicans Unveil Ambitious Tax Relief Package"
Photo: Milwaukee Journal Sentinel
TL;DR Summary

Republican lawmakers in Wisconsin have proposed a $2.1 billion tax package aimed at low and middle earners, which includes expanding the state's second-lowest tax bracket to cover individuals earning between $19,000 and $150,000 annually. The package also involves exempting up to $75,000 of retirees' income and increasing tax credits for married filers and those with children. This announcement comes ahead of Democratic Gov. Tony Evers' State of the State Address, where he plans to address workforce challenges. The proposed tax cuts are in response to Evers' previous vetoes of GOP tax cut proposals, and the governor's office has stated that Evers will review the proposals once the bills are released.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

71%

380110 words

Want the full story? Read the original article

Read on Milwaukee Journal Sentinel