Created: January 27, 2022 01:54 PM
Gov. Tony Evers is proposing $150 surplus refund checks for every Wisconsin resident after state officials projected a $3.8 billion surplus in the current two-year budget cycle.
The $150 refund checks would use about $815 million of the surplus. Additionally, Evers is proposing $131 million in targeted tax relief to caregivers and families and almost $750 million in education.
Responding to comments from Republican leaders that they would like to use the surplus for tax cuts in the 2023-2025 budget, Evers said Wisconsinites can't wait for relief.
"My plan puts even more money in people’s pockets to help make ends meet, bolsters our workforce by helping families with the costs of childcare and caregiving, and makes robust investments in our kids and our schools without raising property taxes," Evers said in a news release.
Under Evers' plan, every state resident would receive $150, meaning a family of four would receive $600. Most residents would not need to take action to receive the refund since it would be distributed using information provided on tax returns.
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