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Breaking News--Wisconsin Government workers union LOSE. Bill passes.
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09-04-2011, 02:04 AM
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sbrscnds
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We next looked to see if Walker has proposed tax cuts for corporations.
We found Walker has already signed bills that cut taxes for corporations.
Walker signed a law on Jan. 31 that says that companies that relocate to Wisconsin will not have to pay corporate taxes for two years. The law stipulates that the company must move at least 51 percent of the workers on its payroll or at least those who account for $200,000 in wages. Walker also signed into law a bill that gives small tax breaks to companies that create jobs. It’s debatable whether these could fairly be considered "giveaways," since they are intended to reward companies for creating jobs.
But Walker proposed additional tax breaks for business during the campaign for governor. PolitiFact Wisconsin documented those promises on PolitiFact’s Walk-O-Meter, a database of Walker’s campaign promises. That includes reducing taxes on employers and repealing the "combined reporting" requirement for business taxes, a measure that increased tax revenues and was approved in 2009.
"If you elect me as your next governor, I’ll get government out of the way and lower the tax burden so Wisconsin business owners and factories can create 250,000 jobs and 10,000 businesses in our state by 2015," said Walker during the campaign.
We also found that Walker told the Metropolitan Milwaukee Association of Commerce during the campaign that he supported efforts to repeal the corporate income tax. Though it’s a fine distinction, we should note that we were not able to find statements from Walker proposing a repeal, so it’s not a promise listed in the Walk-O-Meter database.
Brazile said, "The (Wisconsin) governor has proposed tax giveaways to corporations." The tax breaks he signed into law were linked to job growth, which means they were not necessarily "giveaways." But he has proposed lower taxes for all businesses. And he’s supported those tax cuts even in the face of a tight budget, saying they would lead to job growth. Because Brazile gets Walker’s basic position on business taxes right -- he wants them lower -- we rate her statement Mostly True.
PolitiFact | Donna Brazile said that the Wisconsin governor proposes tax breaks for business
In an immediate budget hell and you CUT taxes. Woot. Cut taxes on the wealthy and fuck the workers. amirite?
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