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Trombone player, transplant recipient, auditor liked to hike, garden
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Trombone player, transplant recipient, auditor liked to hike, garden
journaltimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journaltimes.com Daily Mail and Mail on Sunday newspapers.
By SCOTT BAUERFebruary 17, 2021 GMT
MADISON, Wis. (AP) Highlights of Gov. Tony Evers’ state budget proposal submitted to the Legislature on Tuesday:
GENERAL BUDGET: The $91 billion state budget would increase state spending by 7.3% in the first year and 2% in the second. The budget runs from July through June 2023.
TAXES: Increases taxes in total by about $1 billion. Increase the percentage of the federal credit that poor working families with one dependent child may claim from 4% to 16%. It would increase from 11% to 25% for families with two children. Evers estimates that 200,000 tax filers would benefit for an average savings of $350 a year.
ADVERTISEMENT Limit the amount that manufacturers can claim for an existing tax credit to $300,000 a year. That will raise taxes on them by about $485 million over the next two years. Republicans oppose the idea and rejected it in Evers’ last budget.
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