Gov. Scott Walker
Press Release

Department of Revenue Analysis: Typical Family of Four in Wisconsin to See a $2,508 Tax Cut Under Federal Tax Cuts and Jobs Act

"In Wisconsin, we proved you can provide tax relief for the hardworking taxpayers and invest in your priorities at the same time."

By - Dec 27th, 2017 12:15 pm

MADISON – Following passage of the Tax Cuts and Jobs Act by both the U.S. House of Representatives and Senate, Governor Scott Walker today released information from the Wisconsin Department of Revenue which shows the typical family of four in Wisconsin will see a $2,508 tax cut.

“In Wisconsin, we proved you can provide tax relief for the hardworking taxpayers and invest in your priorities at the same time,” Governor Walker said. “A typical family of four in our state will see an annual tax cut of $2,508. That’s $200 a month more in the pockets of the typical Wisconsin family. That’s real money.”

While the Wisconsin Department of Revenue is still analyzing the full impact of the bill on state taxpayers, it has determined that married joint filers with two children at home and a median adjusted gross income for a family of four will see an annual tax decrease of $2,508.

Mentioned in This Press Release


Recent Press Releases by Gov. Scott Walker

Governor Walker Announces No-Interest Loans Now Available for Southwestern Wisconsin Business Owners Affected by Flooding

WEDC awards $155,000 grant for loan program to assist small businesses in paying for restoration and related costs

Statement from Scott Walker on Results of Governor’s Race

"It has been my honor to serve as your Governor for nearly eight years."

Wisconsin Receives Approval for Governor Walker’s BadgerCare Plus Welfare Reform for Childless Adults

Final implementation of these policy changes is expected to be at least one year from approval.

9 thoughts on “Department of Revenue Analysis: Typical Family of Four in Wisconsin to See a $2,508 Tax Cut Under Federal Tax Cuts and Jobs Act”

  1. Little Boots says:

    Yeah right, and Walker’s FoxCON job was “only” going to cost state taxpayer’s 3 Billion dollars, now it’s already up to over 4 Billion dollars! Never believe a word out of lying, career politician Scott Walker’s mouth! He’s a Trump toady and the biggest Big Government moocher in the state that now wants to be “Governor for Life.” Time to tell Walker to take a hike!

  2. daniel golden says:

    ” A median adjusted gross income for a family of four” ? Want do Walker’s stooges at the department of Revenue think ” A median adjusted gross income for a family of four” actually is? According to independent analysis of the actual effects of this bill on working families, the figures are somewhat different. Hard working middle class professionals will certainly pay more because of the double taxation of their state income taxes, and loss of charitable and medical deductions. One thing is absolutely true: That families grandkids will have an additional 1.5 trillion dollar debt to pay on with their income taxes, which will narrow their options and the nations options going forward. The recent barrage of Koch funded ads telling us how good this tax bill is would not be necessary if that were the actual truth.

  3. JPKMKE says:

    Why is Walker declaring victory on a tax cut he didn’t design or vote for?

  4. WashCoRepub says:

    Amuses me that the Walker Derangement Syndrome is so strong, that arguments will be made that the IRS-published tax tables and deduction changes are actually now LIES. Good for the Walker Administration, for getting this out there. Plenty of tax calculators out there, not too hard to figure out how the new tax bill will affect your personal family situation if you’re capable of simple math and accurate inputs.

  5. Tim says:

    The tax cut is paid for with debt.

    The middle class tax cut expires in a few years.

    The tax cut for the rich does not.

    Next year we’ll hear about cutting Social Security & Medicare (grandma’s healthcare) to make up the cash for this tax cut.

  6. Dennis says:

    How about some more facts on how they arrived at this! Do a comparison of years so we can see reality. Did this family itemize in the past and now can’t? Let’s see all the scenarios. You Know for a fact Walker will cherry pick this stat to the Republican side, as would any Democrat do the same. What about the added debt to pay for this? Pay me now or pay me later, but you will pay.

  7. ERIC J. says:

    ” Walker Derangement Syndrome ” is most prevalent among those of us capable of CRITICAL THINKING & QUESTIONING.
    – The rest of you —-Not So Much .
    -THE FEDERAL TAX CUT IS PAID FOR WITH DEBT; Much like the governors consistent borrowing-the state budget is always “balanced” even though outstanding debt exists . Is that so hard to understand ???

  8. TransitRider says:

    WashCoRepub, funny you should use the word “lies” because that’s exactly how they’re marketing this thing. The biggest middle-class selling point was “We doubled your standard deduction.”

    That, of course, was a lie; for starters, the actual increase was less—about 85%.

    And the standard deduction can’t be considered in a vacuum, because it worked hand-in-glove with personal exemptions (which were repealed). After you factor in the loss of personal exemptions, the actual effective increase is under 13%, a far cry from the promised “doubling”.

    And a couple with an adult dependent (a parent or a disabled adult child) actually sees a 6% reduction in their total exclusion (personal exemptions plus standard deduction).

Leave a Reply

You must be an Urban Milwaukee member to leave a comment. Membership, which includes a host of perks, including an ad-free website, tickets to marquee events like Summerfest, the Wisconsin State Fair and the Florentine Opera, a better photo browser and access to members-only, behind-the-scenes tours, starts at $9/month. Learn more.

Join now and cancel anytime.

If you are an existing member, sign-in to leave a comment.

Have questions? Need to report an error? Contact Us