Construction season is starting in WI

Posted 4/12/22

Representing Wisconsin State Assembly District 93 Every two years, I send out a legislative survey to understand what the constituents of the 93rd Assembly District would like be prioritized down in …

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Construction season is starting in WI

Posted

Representing Wisconsin State Assembly District 93

Every two years, I send out a legislative survey to understand what the constituents of the 93rd Assembly District would like be prioritized down in Madison as well as what they would like to become law. When the results came back mid-2021, over 71% of respondents said they did not want the state to increase taxes, and a majority of them listed cutting taxes as one of their top priorities for this session.

$22 billion This is the total amount of tax relief that Wisconsin taxpayers have received since 2011, according to the nonpartisan Legislative Fiscal Bureau. This number includes actions I voted for in the Assembly, such as eliminating taxes on health savings accounts, reducing taxes on our manufacturing and agriculture sectors to spur investment, ending taxes for people with disabilities to purchase equipment, helping veterans, working to continue to reduce state income taxes, reducing property taxes, and completely eliminating state taxes on one’s property tax bill.

Throughout my time in office, I have made it one of my top priorities to reduce the tax burden for Wisconsinites. In fact, over the past ten years in office, I have supported efforts to cut income taxes which has led to the average family paying 30% less in income taxes today as compared to 2011. In fact, in the last budget, the Legislature rejected the Gov. Evers’ legislation calling for billions in new taxes and spending. Instead, we crafted a budget that included $650 million in property tax relief as well as $2 billion in income tax relief. This provided Wisconsinites an overall tax cut that totals over $3.4 billion – meaning that the typical Wisconsin family can expect to see roughly $1,200 in income and property tax relief over the next two years.

Putting money back in the pockets of Wisconsinites is an incredibly important aspect of our state's recovery from the COVID-19 pandemic and has always been one of my top legislative priorities. While families and communities as a whole continue to reintegrate themselves into the workforce, get their businesses back up and running at full capacity, and spend more time out and about, government must not impose unnecessary financial burdens during this process. It is my belief that people know best how to spend their own money, not Madison bureaucrats.

Cutting taxes also helps stimulate investment in our state and in turn, helps grow our economy. This has resulted in our state having a stable balance going into the next budget while we continue to make deposits into the rainyday fund. This balance will be needed as we continue to see fiscal uncertainty at the federal level. In addition, the state will likely need to address the end of all the one-time federal stimulus funds.

Going forward, please do not hesitate to reach out with any other thoughts, questions, or concerns. You can also stay up-to-date about what is going on in Madison by signing up for my E-Update at www.Rep-WarrenPetryk.com

StateRep.Warren Petryk