Sen. Hansen to Introduce Funding Bill for Veterans Trust |
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News - Articles for State & Local |
Written by Wisconsin Senate, Jay Wadd |
Tuesday, 21 November 2017 15:38 |
http://newiprogressive.com/images/stories/S5/veterans-012015-s5.jpg MADISON - State Senator Dave Hansen (D-Green Bay) announced today that he is introducing legislation to eliminate a controversial tax loophole that has resulted in 11 individuals who make over $30 million per year getting an annual total tax giveaway of $22 million. The savings from eliminating the loophole would then be used to provide a more permanent funding source for the Veterans Trust Fund.
An audit found that between 2003 and 2016, $55 million was transferred from King Veterans Home to help shore up the Veterans Trust Fund and to support other state veterans homes. The budget recently passed by legislative Republicans and signed by Governor Walker continues this practice by transferring another $18.5 million from the operating budgets of the state’s veterans homes. “It doesn’t matter whose watch this happened on," continues Senator Hansen. "It happened under both political parties and the practice needs to stop.”
“I can’t imagine any one of these 11 very well-off, patriotic Americans not agreeing to forego their $2 million tax giveaway in order to make sure our veterans at these state homes are receiving the best care and quality of life possible,” Hansen concludes. “It’s not like these 11 people need the money.” Senator Hansen said he hopes the bill receives bi-partisan support, “I know we all care about our veterans. This is a way to make sure they receive the care they need and deserve for years to come.” |
Last Updated on Tuesday, 21 November 2017 18:08 |
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