Statement by the Wisconsin Bankers Association on the Middle Class Tax Cut Proposal

Madison – The Wisconsin Bankers Association applauds the announcement by the Assembly Republicans today regarding a middle class tax cut proposal.

Helping the middle class through a tax reduction is a good first step in finding common ground between the legislature and Governor Evers. Both sides of the aisle have said this is an issue they want to address and this proposal does just that.

This is also an opportunity to remind consumers that there are wise and unwise ways to spend any financial windfall. The Wisconsin Bankers Association is offering a financial literacy column that explains options for taxpayers if/when this proposal is passed. It's also a good guide during tax season for those who may be receiving tax refunds.

The column can be found at www.wisbank.com/articles/2019/01/windfall-wisdom-get-the-most-bang-for-your-extra-bucks.  

By, Amber Seitz