Health Savings Plan Getting Closer

Wisconsin is one step closer to getting a little tax break for contributing to a private health care account.

The Assembly passed the bill Tuesday by a vote of 63 to 33.

Currently, if an employee has a health care savings account they have to pay state taxes on the amount their employer contributes to the plan.

This bill would allow employees to write off what their employer contributes.

Republicans say this will help small business owners and employees.

Democrats who oppose the bill say poorer people can't afford to use health savings accounts, and the bill is just another tax write-off for the wealthy.

NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 1267487 -
Gray Television, Inc.