Wisconsin Gov. Evers details tax plan to boost middle class
Associated PressMADISON, Wis. — Democratic Gov. The governor’s office released details Sunday showing the plan would limit exceptions that benefit wealthy filers, outlaw state taxes on federal student loan relief and follow through on Evers’ campaign promises for $1.2 billion in tax cuts over two years. A spokesperson for Senate Majority Leader Devin LeMahieu, who first proposed the plan for a flat tax, declined to comment on the governor’s proposals until after the full budget has been released. Evers first outlined his tax plan in August while running for reelection — a move Republicans criticized as a “vote-buying ploy.” As promised, the plan published Sunday includes a 10% tax cut for single people earning $100,000 or less and couples earning $150,000 or less, as well as tax credits for caregivers and families with children and tax relief for seniors and veterans with disabilities. It also adds new plans to outlaw state taxes on federal student debt relief and limit a 30% tax exclusion on capital gains to individuals making less than $400,000 and couples making less than $533,000.