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Wisconsin projects $4.4B more in tax revenue by mid-2023 following 'unprecedented' tax collections - Vimarsana News

Wisconsin projects $4.4B more in tax revenue by mid-2023 following 'unprecedented' tax collections

Following “unprecedented” tax collections, Wisconsin is projected to take in $4.4 billion more than what was previously estimated in general fund tax revenue by mid-2023, the nonpartisan Legislative Fiscal Bureau reported Tuesday. While the new projections open up massive opportunities as the GOP-led budget committee looks to finalize the 2021-23 biennial budget by the end of the month, leaders in both parties are already divided on how those funds should be spent. Gov. Tony Evers has called for additional funding for K-12 education and other programs, but Republicans said those fun...