ACCOMPLISHMENTS
Exempting retirement income from taxes
(2007 Act 20): Exempted retirement
income up to $5,000 per year for qualifying
individuals.
Exempt Social Security from taxes (2005
Act 25): Beginning in tax year 2008,
Social Security benefits will no longer be
subject to state income taxes.
Preserved SeniorCare: Wisconsin was a
leader in enabling seniors access to
affordable prescription drugs, and
SeniorCare was preserved after a bipartisan
effort to continue this option for Wisconsin
seniors.
ACTION
Affordability agenda for seniors
• Increase retirement income exemption
• Continue efforts to preserve SeniorCare
• Property tax relief to help seniors stay
in their home
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