A bill signed into law by Governor Tony Evers Thursday will provide tax relief to Wisconsin businesses that received Paycheck Protection Program loans. Evers says the measure will cut taxes by 450-million dollars to businesses and provides 30-million dollars in relief to low-income families. The governor said in a statement, “we know business and families across Wisconsin need help now, so I’m proud to be able to deliver 480 million dollars in tax relief for folks across our state.” The move will trim 540-million dollars from the state’s tax revenue over the next three years.
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