Governor Scott Walker Signs New HSA Bill to Benefit Independent Contractors

The WRA's Public Affairs team sits down with Governor Scott Walker on the new HSA bill and how it will benefit REALTORS® and independent contractors alike.

Under the bill signed by Governor Walker on January 24, health savings accounts (HSAs) will be tax exempt. The legislation aligns Wisconsin law with federal law and allows tax deductible contributions to and withdrawals from health savings accounts. Wisconsin joins 46 other states and the federal government in not taxing HSAs. The WRA thanked Governor Walker and the Legislature for ending taxation of HSAs in Wisconsin to make health care more affordable for independent contractors, including REALTORS®. "The fact that Governor Walker and the new Legislature passed this law in 21 days is incredible," said Bill Malkasian, President of the WRA. "We thank them for making this available to independent contractors in Wisconsin."

Category:

News & Politics

Tags:

• Wisconsin
• State
• Tax
• Taxes
• HSA
• Health
• Savings
• Account
• Bill
• Passed
• Governor
• Walker
• REALTORS
• independent
• contractors

[frio109]

Thanks for standing up to the unions.

[sutircomed]

What needs to be brought under control is the wealth disparity in this country. Currently, the top 1% owns 43% of the financial wealth whereas the bottom 80% owns only 7%. Walker is a puppet of the billionaires whose Reverse Robin Hood policies are designed to skew these figures even further. He gives tax cuts to the rich and to out-of-state corporations on the backs of teachers and paramedics. Additionally, his move to deny collective bargaining rights was purely partisan and spiteful.

[combatvetdoc]

Thank you from the taxpayers who have been screwed by the unions for too long ! Now get rid of tenure!!!

[FORMETOKNOWONLY]

@sutircomed No, he is a friend of the taxpayer by getting these public service unions under control.

[TheMercilessEye]

@sutircomed ahem...

watch?v=55d4wA9Q-uo



[sutircomed]

Walker shows his true colors. This guy is a friend of the Fat Cats and an enemy of the people. He should be removed from office NOW.