Rep. Peter Barca Statement on GOP Plan to Increase Taxes
"By 2019, more than 740,000 taxpayers will see an increase in how much they pay, not a decrease."
Madison – Assistant Minority Leader Peter Barca released a statement today on the Republican tax plan that raises taxes on nearly one out of every four Wisconsin taxpayers:
“Today the Legislative Fiscal Bureau released a memo that said what we suspected – that thousands of hard-working Wisconsin taxpayers are going to see their taxes go up. By 2019, more than 740,000 taxpayers will see an increase in how much they pay, not a decrease.”
“What are the Republicans thinking? People who make $60,000 a year or less are going to have to pay more taxes under the Republican plan.”
“They are trying to pass off a tax break for the rich as a transportation plan. Wisconsin residents are smarter than that. They can see through Republican smoke and mirrors. This is just a bad plan for Wisconsin.”
The memo entitled, “Distributional Data Regarding Assembly Republican Income Tax Proposal” was released to the Wisconsin Legislature today and is available online here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
