This post originally appeared at https://www.bootsandsabers.com/2024/03/01/evers-screws-taxpayers-again/?utm_source=rss&utm_medium=rss&utm_campaign=evers-screws-taxpayers-again
One of the proposals would have expanded the second income tax bracket to lower taxes on those earning between $19,000 and $150,000 per year.
Another bill would cut retirement income by exempting up to $75,000 retirement income for single filers and $150,000 for joint filers.
The third measure Evers rejected would have increased tax credits for newly married couples.
In his veto message, Evers expressed concerns the proposals could be risky given the state’s financial situation.
Financial situation? The state has a massive surplus that it’s hoarding.