On Thursday, Republicans around the state announced the introduction of a middle-class tax cut that would target individuals making $100,000 or less and families making $150,000 or less. This will provide $340 million in overall tax relief to people in our state. The average Wisconsin family, filing jointly, would see a $310 tax cut.
When I first took office Wisconsin families were facing some of the highest tax burdens in the country. Now, with careful budgeting and planning over the past eight years we have a budget surplus, and Wisconsin’s tax rate is at the lowest it’s been in 50 years. We will use this surplus to provide additional tax relief to Wisconsin’s working families.
After the election, several people contacted my office, concerned that the Legislature might not work with Governor Evers. During his campaign, Governor Evers called for a middle class tax cut and this proposal will help him keep that campaign promise. We will continue to work together where we can to keep moving Wisconsin forward.
Wisconsin Continues to Add Jobs
The Department of Workforce Development (DWD) issued a release this week stating that Wisconsin’s unemployment remains at or below 3% for the 11th straight month. More than 48,300 non-farm jobs and 44,900 private sector jobs were created between December of 2017 and December of 2018. Construction added 8,500 and manufacturing jobs increased 17,800 during this same time.
Governor Evers' appointment, DWD Secretary Caleb Frostman said “Wisconsin’s year-over-year and month-over-month jobs growth is welcome news as Wisconsin’s economy continues to perform nicely, and with an unemployment rate of 3 percent, many Wisconsinites are feeling the positive effects of a growing economy.”
To see the DWD release in its entirety click here.
