Relating to: increasing the earned income tax credit for families with fewer than three children. (FE)
Failed to pass pursuant to Senate Joint Resolution 1
Summary
The legislation amends Wisconsin's earned income tax credit, increasing the credit to 34% of the federal credit for taxable years beginning after 2025, and to 15% for individuals with no qualifying children. It applies to individual taxpayers who claim the state credit, particularly families with fewer than three children. The change is intended to provide greater tax relief to low‑income earners.
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