Boots & Sabers

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Owen

Everything but tech support.
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0659, 30 Aug 23

Wisconsin Republicans Propose Tax Cut

Yes. Pass it. Evers probably won’t sign it, but Republicans should keep passing spending and tax cuts to keep focus on the fact that Evers refuses to give taxpayers any relief.

Republicans called for tapping the state’s projected $4 billion budget surplus to pay for the tax cut, which would lower the state’s third income tax bracket from 5.3% to 4.4% and exclude the first $150,000 of a couple’s retirement income from taxes. That would apply to people over age 67.

The income tax cut would mean that taxes for income between $27,630 and $304,170 for individuals, and between $36,840 and $405,550 for married couples, would drop from 5.3% to 4.4%. Every joint filer earning between $18,420 and $405,550 would be taxed at the same 4.4% rate.

[…]

The retirement tax cut is a new proposal. It would exempt the first $100,000 from an individual’s retirement income from taxes and the first $150,000 from a couple’s income. Under current law, money withdrawn from an individual retirement account, 401(k) plan or other retirement savings accounts are subject to Wisconsin income tax.

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0659, 30 August 2023

8 Comments

  1. dad29

    passing spending and tax cuts

    What “spending” cuts? That miserable $35MM from the UW budget, offset by the extra $bazillion spent on the failures called “public schools”?

  2. Merlin

    -What “spending” cuts?

    If you spin around twice and click your heels rapidly three times all of that spending turns into cuts.

    This morning Vos said the state’s new Miller Park spending will come entirely from ball player income tax revenue and not from state tax payers. As if a diversion of that current revenue stream doesn’t leave a hole to be covered by… taxpayers. It was radio, so I have no idea if he actually said that with a straight face.

  3. Owen

    A guy can hope…

  4. dad29

    That was Jay Weber’s payoff for his incessant denigration of Trump. Robin gave him an on-air kiss!!

    Sweet!!

    And since you didn’t mention it, we’ll assume that Weber returned the favor by not asking any questions–like the one you just brought up.

    Sweet!!

    Ooooh Ooooooh OoooooH I get to talk to Robin!!! (Bulge in pants)

  5. Craig List

    I heard from a former state representative that he found Weber to be one of the laziest hosts. Anytime this rep went on the show to talk about upcoming legislation, he had to submit to Weber’s team a list of bullet points about the legislation, since Weber wouldn’t do any research on it prior to the interview.

    Now, will this comment go through? The last time I tried to it told me I am spam…

  6. Merlin

    I suppose if Weber has you yelling at the radio he’s at least providing some entertainment. He doesn’t grill politicians like Belling does. Weber just gives them some organized air time and if they sound like fools, well, then they sound like fools. The only guy he actually questions much is Reince Priebus, and I think that’s mostly an attempt to translate Reince-speak into something everyone else can understand.

    Weber must lurk here at least a little bit because he references Owen’s posts on air occasionally.

  7. dad29

    Weber must lurk here at least a little bit because he references Owen’s posts on air occasionally.

    “Must lurk”?

    Or his producer does the actual……..you know……..work………and hands off to Jay

  8. Craig List

    I stopped listening to Weber about a year ago; haven’t yelled at my radio since. I don’t need his wet blanket.

    The only time I really think of him now is when I hear that line from Patton: “Thirty years from now, when you’re sitting around your fireside with your grandson on your knee and he asks you, “What did you do in the great World War II,” you won’t have to say, “Well… I shoveled sh*t in Louisiana.”

    I’m convinced Jay would have been in Louisiana.

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