Current:Home > StocksWisconsin Assembly slated to pass $2 billion tax cut headed for a veto by Gov. Tony Evers -FutureProof Finance
Wisconsin Assembly slated to pass $2 billion tax cut headed for a veto by Gov. Tony Evers
View
Date:2025-04-18 22:09:19
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! (9836)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Pull Up a Seat for Jennifer Lawrence's Chicken Shop Date With Amelia Dimoldenberg
- Hurry to Charlotte Tilbury's Massive Summer Sale for 40% Off Deals on Pillow Talk, Flawless Filter & More
- A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea
- B.A. Parker is learning the banjo
- Well, It's Still Pride Is Reason Enough To Buy These 25 Rainbow Things
- Oil Industry Moves to Overturn Historic California Drilling Protection Law
- SpaceX wants this supersized rocket to fly. But will investors send it to the Moon?
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- The Year in Climate Photos
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Disney sues Florida Gov. Ron DeSantis, claiming 'government retaliation'
- Inside Clean Energy: Here Are 5 States that Took Leaps on Clean Energy Policy in 2021
- How Princess Diana's Fashion Has Stood the Test of Time
- 'We're reborn!' Gazans express joy at returning home to north
- An Unprecedented Heat Wave in India and Pakistan Is Putting the Lives of More Than a Billion People at Risk
- Inside Clean Energy: Who’s Ahead in the Race for Offshore Wind Jobs in the US?
- Amid a child labor crisis, U.S. state governments are loosening regulations
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
YouTuber Grace Helbig Diagnosed With Breast Cancer
When your boss is an algorithm
Why zoos can't buy or sell animals
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
NBC's late night talk show staff get pay and benefits during writers strike
Nuclear Energy Industry Angles for Bigger Role in Washington State and US as Climate Change Accelerates
Fernanda Ramirez Is “Obsessed With” This Long-Lasting, Non-Sticky Lip Gloss