For Immediate Release Contact: Rep. Paul Tittl
February 12, 2019 (608) 266-0315
Assembly Passes Middle Class Tax Cut with Tittl’s Support
Madison: Today the Assembly passed Assembly Bill 4, legislation providing a middle class tax cut to the hard working people of Wisconsin. Rep. Tittl (R-Manitowoc) supported the measure, which the Assembly passed by a vote of 61-33.
“I proudly joined my colleagues to pass this bill to bring necessary relief to the middle class by returning $340 million to taxpayers,” said Rep. Tittl. “When we over collect, it is our duty as responsible stewards of your taxes to return the surplus back to you because it is your money. I hope this bill will be signed into law in the near future.”
Under this tax cut plan, the median income family will see a 10.5% reduction in its tax liability. As a result, a family will pay $310 less in state income taxes, with 75% of the total benefit felt by filers making between $30,000 and $100,000.
“With this proposal, we are not cutting taxes for some and increasing taxes on others,” said Rep. Tittl. “Our reforms have resulted in higher incomes, lower unemployment and a strong economy. Wisconsin is historically strong, and we have the ability to maintain our position as an agricultural and manufacturing powerhouse while cutting taxes under Assembly Bill 4.”
The bill does not change the Manufacturing and Agriculture Tax Credit, which has created 42,000 jobs. Wisconsin has experienced the highest manufacturing growth over the last year in the Midwest, adding 17,800 jobs according to the Department of Workforce Development.
Assembly Bill 4 is available to be scheduled for a vote in the Senate. If passed by the Senate, the bill would move to Governor Evers’s desk to be signed into law.