Evers vetoes bills to exempt overtime, cash tips from income tax

(The Center Square) – Wisconsin Gov. Tony Evers vetoed a pair of bills Friday that would have exempted overtime pay and cash tips from state income taxes.

Assembly Bill 461 would have matched a temporary federal income tax exemption on overtime that would apply to the extra pay received for working overtime up to $12,500 per year for an individual or $25,000 per year for joint filers.

The exemption is targeted at middle-income residents and is phased out for those making an adjusted gross income between $150,000 and $275,000 as an individual or $300,000 to $550,000 as a joint filer.

“My position has always been that when we provide tax relief, it should be real, responsible, and targeted to the middle class and working families who need it,” Evers said in his veto message. “Unfortunately, I must veto this bill in its entirety because I object to this bill changing...