Contact: Rep. Terry Katsma
(608) 266-0656
Madison – Rep. Terry Katsma (R-Oostburg) made the following statement regarding Governor Evers’ veto of Assembly Bill 4, the Middle Class Income Tax Cut:
“I am disappointed that the governor decided to veto legislation that puts money back in the pockets of almost two million middle class families, while protecting Wisconsin businesses and farmers.
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“By vetoing this bill, Governor Evers is actively choosing not to work with Republicans to fulfill his own campaign promise of a middle class tax cut. Instead, the governor is proposing a tax shift by raising taxes on small businesses and manufacturers through a cap on the Manufacturing and Agriculture Tax Credit, a proposal he knows Assembly Republicans will not support.”
The proposed tax reductions are targeted to individuals making less than $100,000 and families earning $150,000 or less. A median-income family, filing jointly, would see a $310 reduction in net taxes according to nonpartisan Legislative Fiscal Bureau projections.
