{"id":13136,"date":"2024-10-04T17:00:30","date_gmt":"2024-10-04T17:00:30","guid":{"rendered":"https:\/\/wifamily.news\/?p=13136"},"modified":"2024-10-04T17:58:58","modified_gmt":"2024-10-04T17:58:58","slug":"wisconsin-lawmakers-will-again-pitch-tax-free-retirement-evers-vetoed","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=13136","title":{"rendered":"Wisconsin Lawmakers Will Again Pitch Tax-free Retirement Evers Vetoed"},"content":{"rendered":"<p>This post originally appeared at <a href=\"https:\/\/www.wisconsinrightnow.com\/wisconsin-lawmakers-will-again-pitch-tax-free-retirement-evers-vetoed\/\">https:\/\/www.wisconsinrightnow.com\/wisconsin-lawmakers-will-again-pitch-tax-free-retirement-evers-vetoed\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/wifamily.news\/wp-content\/uploads\/2023\/04\/wisconsin-charter-schools.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Wisconsin Flat Tax Wisconsin&#039;s Social Security wisconsin charter schools\" title=\"Tax-free Retirement\" \/><\/p>\n<p>(The Center Square) \u2013 A trio of Wisconsin Republican lawmakers are again pitching a tax-free retirement plan that would exempt $75,000 of retirement income for single filers and $125,000 for married joint filers.<\/p>\n<p>The 2025 legislation was <a href=\"https:\/\/www.thecentersquare.com\/wisconsin\/article_dc9f9dfa-24d1-11ee-a4bb-7fcec067d91d.html\" target=\"_blank\" rel=\"noopener\">pitched and passed<\/a> earlier this year that was ultimately vetoed by Gov. Tony Evers.<\/p>\n<p>This time, the legislation will be in addition to any retirement income that is already tax-exempt in Wisconsin, such as Social Security. Thirteen other states, including Illinois and Iowa, have tax-free retirement laws.<\/p>\n<p>\u201cWe can\u2019t afford to keep losing seniors to other states,\u201d said Rep. Joel Kitchens, R-Sturgeon Bay. \u201cWhen they leave, we don\u2019t just lose revenue. Families miss out on sharing important life events. Wisconsin is sitting on a $3 billion surplus, we can afford this tax cut more than we can afford not doing it.\u201d<\/p>\n<p>The legislation will be sponsored again by Kitchens, Rep. David Steffen, R-Howard, and Sen. Rachel Cabral-Guevara, R-Fox Crossing.<\/p>\n<p>\u201cOur retired parents and grandparents deserve to keep the money they\u2019ve put away throughout their career,\u201d Cabral-Guevara said in a statement. \u201cPunishing them for staying near their family in Wisconsin once they retire isn\u2019t the way to treat our seniors. As I\u2019ve repeatedly said in the past, I trust Wisconsinites to spend their money more wisely than the government.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post originally appeared at https:\/\/www.wisconsinrightnow.com\/wisconsin-lawmakers-will-again-pitch-tax-free-retirement-evers-vetoed\/ (The Center Square) \u2013 A trio of Wisconsin Republican&#8230;<\/p>\n","protected":false},"author":15,"featured_media":2164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-13136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wi-right-now"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/13136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13136"}],"version-history":[{"count":2,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/13136\/revisions"}],"predecessor-version":[{"id":13138,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/13136\/revisions\/13138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/2164"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}