Hi, I’m Rachael, the state senator for the 19th Senate District and proudly representing east-central Wisconsin down in Madison. Going in to the next budget, Wisconsinites are still projected to have paid the state billions of dollars more than they should have. Last session, we introduced several tax cut proposals, including a retirement income tax cut, to let folks keep more of their hard-earned money. We introduced that bill because our retired parents and grandparents deserve to keep the money they’ve put away throughout their career. Punishing them for staying near their family in Wisconsin once they retire isn’t the right way to treat our seniors. Unfortunately, the governor vetoed that bill when it came to his desk.
Just last week, I announced I will be re-introducing that proposal next session. We have made changes to the bill to hopefully gain bipartisan support, including capping the exemption at $125,000 for couples filing jointly. As I’ve repeatedly said in the past, I trust Wisconsinites to spend their money more wisely than the government. It’s time Wisconsin returns your money back to you.
