Contact: Rep. Cindi Duchow
Madison, WI – Today, State Representative Cindi Duchow (R-Delafield) joined her Assembly Republican colleagues in announcing a major initiative to deliver $340 million in tax relief to Wisconsin’s middle class families:
“Thanks to our state’s strong budget surplus and a growing economy under Republican leadership, Wisconsin has smartly positioned itself so it can cut taxes for middle income families so they can keep more of their hard-earned money.”
The proposed tax reductions are targeted to individuals making less than $100,000 and families earning $150,000 or less. The Legislative Fiscal Bureau projects the median income family filing jointly would see a $310 reduction in taxes. 75% of this tax cut benefit will go to filers with incomes between $30,000 and $100,000. Assembly Republicans are planning to act on this legislation next week. Once approved, the tax cut would take effect next year.
“This tax cut will help families take an extra weekend getaway, pay for swimming lessons, and buy back to school clothes. This is truly a winning solution for Wisconsin families.”