For Immediate Release Contact: Rep. Paul Tittl
January 17, 2019 (608) 266-0315
Rep. Tittl Joins Assembly Republicans to Announce Middle Class Tax Cut
Returning the GOP surplus and fulfilling Governor Evers’ campaign promise
Madison: Rep. Paul Tittl (R-Manitowoc) joined Assembly Republicans in Madison today to unveil a middle class tax cut of $340 million. The tax cut will be funded by the state’s $588.5 million surplus, leaving the Manufacturing and Agriculture Tax Credit intact to provide relief while also protecting important Wisconsin industries. Over a three-year period, the Manufacturing and Agriculture Tax Credit has contributed to the creation of about 42,000 jobs in Wisconsin.
“We have reduced taxes by more than $8 billion since 2011, and this measure allows us to lower them even further without raising anyone else’s taxes or shifting the burden,” said Rep. Tittl. “Divided government is never easy, but this effort demonstrates how we can effectively reach across the aisle.”
Governor Evers met with Assembly Republicans on Tuesday following a Jan. 10th letter from Assembly Republicans outlining potential areas of collaboration. Reducing middle class taxes is a shared priority, and the proposed tax cut will result in a median savings of about 10.5%, or $310 in net taxes, for families. The tax cut will impact single filers making $100,000 or less or families making under $150,000, with 75% of the benefits provided to filers with incomes between $30,000 and $100,000.
“We know there are bipartisan opportunities we can explore to benefit Wisconsin citizens,” said Rep. Tittl. “After responsible budgeting from Republicans over the last eight years, the Assembly is very pleased to join with the Governor to fulfill one of his campaign promises by introducing this tax cut.”
Six simultaneous press conferences took place across the state in Madison, La Crosse, Milwaukee, Green Bay, Wausau, and Eau Claire. The tax cuts bill could be introduced as soon as next week and if approved, would take effect next year.
“We are working on important issues at the very beginning of this legislative session, like covering pre-existing conditions and reducing the tax burden,” said Rep. Tittl. “I look forward to finding more ways to work with Governor Evers and the Senate to fulfill our promises.”