By Madison Reporter |
Nov 21, 2023
Nov 15 2023This week, the Assembly passed a historic workforce package in a special session, providing much-needed relief for the middle class and addressing important issues such as childcare affordability and workforce development.One of the key components of the package is a $2 billion middle-class tax cut. The bill aims to reduce the tax burden on single filers making $27,630 or more, or $36,840 for married couples, by lowering the state's third income tax bracket rate from 5.3% to 4.4%. This change would result in an average savings of $600 annually for Wisconsin...