Current:Home > reviewsWisconsin Assembly to vote on income tax cut that Evers vows to veto -Streamline Finance
Wisconsin Assembly to vote on income tax cut that Evers vows to veto
View
Date:2025-04-13 10:41:26
MADISON, Wis. (AP) — The Republican-controlled Wisconsin Assembly planned to vote Tuesday on a doomed $3 billion plan for cutting income taxes and on a constitutional amendment making it harder to raise taxes.
Democratic Gov. Tony Evers has promised to veto the Republican income tax cut proposal, but he won’t be able to stop the constitutional amendment which ultimately would require voter approval. Under the proposed amendment, a two-thirds supermajority vote in the Legislature would be required in order to raise taxes — a law 16 other states already have.
The Assembly was also expected to approve another constitutional amendment that would weaken the governor’s power by requiring the Legislature to sign off on spending federal funds. The governor has discretion to spend it without legislative approval.
In his first term, Evers was responsible for distributing billions in federal COVID-19 relief funds. Republican lawmakers renewed their criticism of his spending choices after a nonpartisan audit in December said Evers wasn’t transparent about how he decided where to direct $3.7 billion in aid.
Both proposed amendments must pass the Senate and Assembly this session, and again in the 2025-2026 session, before they would be put before voters for approval. Evers has no say in the adoption of constitutional amendments.
The tax cut bill Evers has promised to veto 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, which would apply to people over 67.
The measure would utilize the state’s projected $4 billion budget surplus to pay for it.
“I’m not going to sign an irresponsible Republican tax cut that jeopardizes our state’s financial stability well into the future and the investments we need to be making today to address the real, pressing challenges facing our state,” Evers said last week.
Evers’ budget director has warned that cutting taxes more than $432 million over the next two years could jeopardize about $2.5 billion in federal pandemic relief money the state has received. Republican Rep. Mark Born dismissed that concern, calling it a threat from the Evers administration that won’t happen.
Once approved by the Assembly on Tuesday, the tax cut bill would then head to the Senate which could pass it as soon as Thursday. That would then send it to Evers for his promised veto.
Evers has said he was open to reconsidering cutting taxes if Republicans would look at funding some of his priorities. Evers called a special session for the Legislature next week to spend more than $1 billion for child care, the University of Wisconsin System, worker shortage programs and other areas.
Republicans have instead introduced more modest child care proposals that the Assembly is slated to vote on Thursday.
veryGood! (97964)
Related
- Current, future North Carolina governor’s challenge of power
- MLB midseason awards: Biggest surprises and disappointments of 2024
- Simone Biles and ... whoever is left standing for Paris? | Opinion
- ‘Lab-grown’ meat maker hosts Miami tasting party as Florida ban goes into effect
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Should gun store sales get special credit card tracking? States split on mandating or prohibiting it
- Tia Mowry's Ex-Husband Cory Hardrict Shares How He's Doing After Divorce
- Kin, community demand accountability for fatal NY police shooting of 13-year-old boy
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Pogacar takes the yellow jersey in the 2nd stage of the Tour de France. Only Vingegaard can keep up
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Jessica Alba's Daughters Honor and Haven Wear Her Past Red Carpet Dresses in Rare Outing
- American and British voters share deep roots. In 2024, they distrust their own leaders, too
- Inside Khloe Kardashian's Dollywood-Inspired 40th Birthday Party With Snoop Dogg
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- From Luxurious to Rugged, These Are the Best Hotels Near National Parks
- As climate change makes extremes more extreme, rainfall is no different
- Off the Grid: Sally breaks down USA TODAY's daily crossword, The Tortured Poets Department
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Omarosa slams Donald Trump's 'Black jobs' debate comments, compares remarks to 'slavery'
France’s exceptionally high-stakes election has begun. The far right leads polls
Why Normani Canceled Her 2024 BET Awards Performance at the Last Minute
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Mega Millions winning numbers for June 28 drawing: Jackpot rises to $137 million
'Youth are our future'? Think again. LGBTQ+ youth activism is already making an impact.
Madonna celebrates NYC Pride at queer music fest: 'Most important day of the year'