Wisconsin Gov. Tony Evers Vetoes GOP Tax Cut & Increases School Funding For 400 Years
Wisconsin Gov. Tony Evers (D-Wisconsin) signed off on a two-year spending plan, using his vetos to void a Republican tax cut and increase school funding. Evers reduced the GOP income tax cut from $3.5 billion to $175 million and increased the funding that K-12 public schools can raise per student by $325 a year until 2425. Under his veto, Evers stated that schools will have “predictable long-term spending authority.” The remaining $175 million in tax cuts over the next two years will be directed to tax rates paid by households earning less than $36,840 a year, or individuals who make less than...