Tax Fairness for Wisconsin’s Middle Class
"Wisconsin’s middle class deserves a tax cut."
MADISON – This week, State Representative Daniel Riemer (D – Milwaukee) proposed a middle-class income tax cut that provides over $800 million in tax relief to Wisconsin workers. By the second year, the vast majority of the cut, over 90%, will reduce the tax burden of Wisconsinites earning between $10,000 and $100,000. The average tax decrease for those making between $40,000 and $80,000 will be nearly $200 a year. Representative Riemer released the following statement with introduction of the proposal:
“Wisconsin’s middle class families work hard and care about their communities. They understand that taxes are necessary to pay for police officers, firefighters, and teachers. While we cannot avoid taxes, we ought to do everything we can to reduce them responsibly, especially for Wisconsin’s working families.”
“Wisconsin workers, like the one’s I represent, are no longer getting ahead even when the economy grows. While the cost of living continues to rise, middle class incomes have been flat or have declined,” said Representative Riemer.
“It’s time for change. It’s time for fairness. Wisconsin’s middle class deserves a tax cut. The rich and super-rich can afford to pay their fair share. That’s why the bill I’m proposing, in cutting the middle-class’s tax bill by over $800 million, offsets the cut through the creation of a tax bracket on individuals earning over $1 million a year. Overall, we must reduce taxes in a matter that overwhelmingly benefits middle class people – not the very, very wealthy, and certainly not the top 1%.
“To build a true Foundation for Freedom, we must restore balance to the tax system with cuts to income taxes for working families and the middle class, while requiring the super-wealthy and those who live on loopholes to pay their fair share.”
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