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Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on federal tax returns.
Key to the $111 billion, two-year state budget signed by Gov. Tony Evers with bipartisan legislative support is a $1.5 ...
Democratic Gov. Tony Evers traded tax cuts for increased spending on higher education, schools and child care in a Wisconsin ...
The 2025-27 biennial budget would spend roughly $111.1 billion in total funds and leave an estimated $829 million in ...
Gov. Tony Evers and Wisconsin legislative Republicans have reached an agreement on the 2025-2027 state budget.
Skechers USA Inc. asked the Wisconsin Supreme Court provide direction on how to handle the “strong sword” that the sham ...
MADISON – About 1.6 million Wisconsinites would pay lower income taxes under a $1.3 billion tax cut plan approved June 12 by Republicans on the Legislature's powerful budget-writing committee.
The state budget plan includes a provision that would expand the state's tax on hospitals from 1.8% to 6% and use those funds to draw down additional federal matching dollars for Medicaid programs.
That tax cut would have an even larger overall impact, reducing state tax collections by $395 million in 2025-26 and $300 million in 2026-27.
(The Center Square) – Expanding Wisconsin’s second income tax bracket of 4.4% for all filers will reduce the state’s tax collections by $323 million next fiscal year and $320 million in 2026 ...
(The Center Square) – The Wisconsin Senate approved an exception to the state’s tax incremental financing rules for a planned data center in Port Washington. The data center is expected ...
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