Current:Home > StocksWisconsin Assembly slated to pass $2 billion tax cut headed for a veto by Gov. Tony Evers -Edge Finance Strategies
Wisconsin Assembly slated to pass $2 billion tax cut headed for a veto by Gov. Tony Evers
View
Date:2025-04-28 06:15:50
MADISON, Wis. (AP) — The Republican-controlled Wisconsin Legislature was scheduled to give final approval Thursday to a $2 billion income tax cut that’s part of a package also targeting child care costs, which Democratic Gov. Tony Evers is expected to veto.
The Senate passed the proposal last month, so the Assembly’s approval will send it to Evers.
Republicans gutted a $1 billion Evers package he called on them to pass in a special session in September and instead put forward an income tax cut Evers has already vetoed.
Evers and the Legislature have been at odds for months over tax cuts and funding for child care services.
Evers had called on the Legislature to pass a package that included $365 million in new child care funding; a $65 million boost in University of Wisconsin funding; $200 million to pay for a new engineering building at UW-Madison; $243 million to create a new 12-week family medical leave program for Wisconsin workers and millions more for workforce education and grant programs.
Republicans rejected that in favor of their alternative plan up for final approval Thursday.
The measure would cut taxes from 5.3% to 4.4% for individual income between $27,630 and $304,170 and married couples between $18,420 and $405,550.
veryGood! (888)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Dangerous Air: As California Burns, America Breathes Toxic Smoke
- Press 1 for more anger: Americans are fed up with customer service
- Bison severely injures woman in Theodore Roosevelt National Park in North Dakota
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Sarah Ferguson, Duchess of York, Diagnosed With Breast Cancer
- ‘Reduced Risk’ Pesticides Are Widespread in California Streams
- California court says Uber, Lyft can treat state drivers as independent contractors
- Military service academies see drop in reported sexual assaults after alarming surge
- Washington state declares drought emergencies in a dozen counties
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- The truth is there's little the government can do about lies on cable
- Inside Clean Energy: 10 Years After Fukushima, Safety Is Not the Biggest Problem for the US Nuclear Industry
- The White House is avoiding one word when it comes to Silicon Valley Bank: bailout
- Former longtime South Carolina congressman John Spratt dies at 82
- Tom Holland Reveals the DIY Project That Helped Him Win Zendaya's Heart
- Margot Robbie's Barbie-Inspired Look Will Make You Do a Double Take
- Kate Spade 24-Hour Flash Deal: Get This $360 Reversible Tote Bag for Just $89
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Judge agrees to loosen Rep. George Santos' travel restrictions around Washington, D.C.
Save 48% on a Ninja Foodi XL 10-In-1 Air Fry Smart Oven That Does the Work of Several Appliances
Step up Your Skincare and Get $141 Worth of Peter Thomas Roth Face Masks for Just $48
Global Warming Set the Stage for Los Angeles Fires
The Collapse Of Silicon Valley Bank
A Federal Judge’s Rejection of a Huge Alaska Oil Drilling Project is the Latest Reversal of Trump Policy
The unexpected American shopping spree seems to have cooled