As I See It

Tax cuts barely enough for movie and popcorn

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What are you going to do with all that extra money? The new state budget Governor Evers signed into law contained tax cuts that will put more money in the pockets of most taxpayers. A whooping $3 more a month.  The average income tax cut for Wisconsinites works out to just $36 per year. About enough for a movie and some popcorn. The Republican plan would have provided more tax relief, an average of $573. But the majority of those tax cuts would have benefited the wealthiest Wisconsinites. Under the Republican plan, the 11 wealthiest in the state would have received tax breaks totaling $1.8 million. The average tax cut for low-income filers would have averaged $33, a few bucks less that what Evers signed into law. The tax cuts won’t do much to help Wisconsinites. That is why republicans should take up Governor Evers on his offer to revisit more meaningful tax cuts in the fall session. It is not too late. The state is still sitting on more than $4 billion in surplus even after the new budget. That is plenty of money to figure out a fair way to cut taxes, that benefits everybody, not just the ultra-wealthy.

3 Comments

  1. walden

    July 12, 2023 at 10:36 pm

    Covid monies have been burned up by the city and county and property taxes will now go through the roof. Add on the La Crosse School District property taxes scheduled to go thru the roof in 2024 and now the Governor’s stiff arm to the taxpayers…all adds up to something voters should remember. These are all Dem controlled tax and spend, rinse and repeat, never enough programs.

  2. walden

    July 12, 2023 at 10:39 pm

    The republicans didnt just have a plan…they passed a bill for tax relief that Evers vetoed.

  3. Darin

    July 13, 2023 at 3:24 pm

    This can be attributed to the specific veto powers of Wisconsin governors.

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