Northwoods Reporter

Senator Romaine Robert Quinn (R-Cameron) has voted in favor of legislation that aims to provide significant tax relief for middle-class earners and retirees in Wisconsin. The bill, which passed the State Senate with a vote of 22-10, is estimated to reduce the state's tax burden by over $2.9 billion.

Under the proposed plan, the middle-class tax bracket will be reduced from 5.3% to 4.4%, resulting in an average savings of $772 for filers. In addition, seniors over the age of 67 will be exempt from paying taxes on up to $150,000 of retirement account income.

Senator Quinn emphasized the need for tax relief, particularly in light of current inflationary pressures and the state's high tax burden. He stated, "Today's inflation woes combined with the state's high tax burden are obstacles for those who are struggling to make ends meet or are on a fixed income. Workers and seniors should keep more of what they've earned. It's time to offer relief, especially at a time when the state has billions in surplus because taxpayers paid too much in taxes."

The legislation also aims to address the issue of seniors leaving the state to retire elsewhere. Senator Quinn expressed his concerns, saying, "Retirees - our grandmas and grandpas - should be able to stay in Wisconsin to enjoy their grandchildren and all that they've worked for. The state government should not be taxing them out of their homes or pushing them to retire in other states."

The bill has already passed the State Assembly and will now advance to the desk of Governor Evers for his consideration. Senator Quinn remains optimistic that the governor will support the bill, noting that it addresses the concerns raised by Governor Evers in previous tax relief proposals.

"Governor Evers has unfortunately previously vetoed tax relief proposals that aim to return surplus funds to taxpayers. But it's their money," Senator Quinn stated. "This bill has addressed the governor's previous concerns about cutting taxes, so I am optimistic that now he will do the right thing for seniors and middle-income wage earners."

The tax relief legislation is seen as a crucial step in helping middle-class families and retirees in Wisconsin, providing them with much-needed financial relief and the opportunity to remain in the state.