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Budget includes a tax cut, but not quite what Evers proposed
On the campaign trail, Gov. Tony Evers promised a middle class tax cut -- a 10% income tax reduction for individuals making up to $100,000 a year and families making up to $150,000.
The plan would have amounted to a cut of about $216 per person each year.
Evers wanted to pay for it by rolling back the manufacturers and agricultural tax credit, put in place by Republicans. But Republican lawmakers rejected the proposal in favor of their own plan. That was left intact after Evers issued his vetoes to the budget.
The end result: The $81.7 billion budget for 2019-21 reduces the state's two lowest income tax brackets and when coupled with other legislation with bipartisan support from Evers and Republicans, income taxes will be reduced by $75 on average per person in 2019 and $136 in 2020, or about half what Evers proposed.
We rate this promise Compromise.
Our Sources
U.S. News and World Report, Wisconsin Republicans Plan $400 million income tax cut, June 10, 2019
The Capital Times, Wisconsin budget committee approves more than $450 million in income tax cuts, June 13, 2019
Wisconsin State Journal, Republicans eye $400 million middle class tax cut as part of state budget, June 12, 2019
Milwaukee Journal Sentinel, Tony Evers uses his vast veto power to raise school spending another $65 million, wipe out Tesla provision, July 3, 2019
Wisconsin Public Radio, Republican-Led Finance Committee Passes State Budget, June 13, 2019