Tag: Tax reform
-
Republicans Pass $3.5 Billion Income Tax Cut Plan in Wisconsin, Drawing Criticism
The budget-writing committee in the Wisconsin Legislature, controlled by Republicans, has passed a plan to reduce income taxes by $3.5 billion. However, Democrats have criticized the proposal, claiming it primarily benefits the wealthy. Reverse Tax Cuts, Reducing Average By 15% And Consolidating Four Brackets As per the plan, the income tax cuts will be retroactive…