CONTACT: STATE REPRESENTATIVE JOHN MACCO
(608) 266-0485
Madison…Today, along with state legislators from northeast Wisconsin, State Representative John Macco (R-Ledgeview) announced his support of a Republican lawmaker proposal that will provide an income tax cut for middle class individuals and families in Wisconsin. Representative Macco released the following statement:
“As the Chairman of the Assembly Committee on Ways and Means, I am proud to be part of the team that will provide income tax relief to the hard-working middle class families in Wisconsin. We have taken a great deal of care to ensure that this proposed tax cut is targeted toward hard-working middle class individuals and families in Wisconsin. Seventy-five percent of the benefit will go to taxpayers earning between $30,000 and $100,000 a year,” said Rep. Macco.
>> WisPolitics is now on the State Affairs network. Get custom keyword notifications, bill tracking and all WisPolitics content. Get the app or access via desktop.
The proposed legislation will provide targeted income tax relief to middle class individuals earning $100,000 a year or less and middle class families earning $150,000 a year or less. The non-partisan Legislative Fiscal Bureau projects the median income family filing jointly would see a $310 reduction in net taxes per year. Sixty-three percent of Wisconsin taxpayers – nearly two million people – will see their income taxes reduced under this proposal.
“These taxpayers deserve to keep more of their hard-earned income. Additional income could help pay for groceries, clothing or other needs. I look forward to working with my colleagues in the legislature to craft and pass this important legislation,” concluded Rep. Macco.
