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 February 21, 2020

 

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Both the Assembly and the Senate voted this week to pass a middle-class tax cut plan.  The plan now awaits Governor Tony Evers' decision.

 

Our bipartisan vote approved $250 million in new tax relief targeted to low- and middle-income earners.  About 64 percent of taxpayers will receive the tax cut, averaging $106 in additional savings per tax filer, if Governor Evers signs the bill into law.  Combined with the tax cut that was included in the 2019-21 state budget, the average filer will save roughly $300.

 

The plan also repeals another big chunk of the Personal Property Tax, a horribly complicated and inefficient tax that businesses pay.  It makes a special one-time $100 million debt-reduction payment on general obligations, which will pay dividends in the long term.  And it results in another healthy deposit into the "Rainy Day Fund" that protects taxpayers in the event of economic downturn.

 

It's your money.  State revenues over the next two years are expected to exceed our assumptions by more than $800 million, so we're going to give it back.  Unfortunately, Governor Evers saw the same set of facts and couldn't resist proposing a new round of spending.  I hope he sees the many benefits of the bipartisan plan that requires only his signature to become law.

 

As always, I encourage you to follow my updates on social media or contact my office directly with your questions.  Best wishes on your weekend!

 

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Introducing CodeRED


 

Sheboygan County has a new mass notification system to alert the public to emergencies.  CodeRED is up and running; I strongly encourage everyone in our area to consider signing up.

 

CodeRED allows local authorities to send alerts via landline and cell phone calls, text messages, e-mail, social media and a downloadable app.  Folks are urged to sign up and choose which media they would like to use to receive alerts; click here to register.

 

Separate, but related, the app is a great feature; it's free (look for "CodeRED Mobile Alert") on Google Play and iTunes, and it's smart enough to use your location to give you emergency alerts wherever you travel.  It also comes with a Severe Weather Warning feature that is free for 30 days; after that, there is a one-time fee of $0.99, so use it or lose it as you prefer.

 

Thanks for keeping us connected and safe, Sheboygan County!

 

 


Office of Representative Terry Katsma
State Capitol, Room 306 East
P.O. Box 8952
Madison, WI 53708

(608) 266-0656
Rep.Katsma@legis.wisconsin.gov |