MADISON, Wis. — Gov. Tony Evers on Friday vetoed a nearly $800 million income tax cut passed by Republicans, along with bills that would have increased the income tax credit for married couples and raised the amount of retiree income exempt from the state income tax. Republican Sen. Rachael Cabral-Guevara, the main sponsor of the tax cut for retirees, said …
Ninety-five-year-olds who retired 30 years ago, back in 1990, would still be reminiscing today about getting around 15 per cent interest on a one-year term deposit at the bank. The recession also caused the bank term deposit rate to sink to around 5 per cent by 1994, but since then it has fluctuated between 5 and 8 per cent, which …