[compiit]

Having to do with Walker's persecution of unions in WI, but having much to do with Ohio, Indiana and every one of us in the long run that had and have advantages brought forth by individuals who fought and suffered to bring us unions.

PolitiFact | Wisconsin budget crisis inspires national ads

Money is being taken away from workers, and the tax breaks given to major corporations. "

National groups are starting to weigh in on the budget controversy in Wisconsin via political ads.

A ad from two Democratic advocacy groups says that Republicans in Wisconsin are waging war on the middle class by taking money from workers and giving tax breaks to corporations.

"Money is being taken away from workers, and the tax breaks given to major corporations," says a worker in the ad. We decided to fact-check that claim and rated it Mostly True. We found that workers are being asked to give up money from their paychecks while companies are offered tax breaks. The tax breaks are connected to job creation, though, not corporate size. (Read the complete item.)

We're still working on a fact-check of an ad from the Republican National Committee that urges people to "fight back" against President Obama and "his union bosses." We'll update this story with that fact-check once it's complete.

Under Gov. Scott Walker’s proposals, "Money is being taken away from workers, and the tax breaks given to major corporations. "

[ditpiler]

This fails in that it falsely tries to tie one to the other.

Also, they need to hire someone to proofread their stuff.

And, really, so do you...

[nvideoe]

Having to do with Walker's persecution of unions in WI, but having much to do with Ohio, Indiana and every one of us in the long run that had and have advantages brought forth by individuals who fought and suffered to bring us unions.

PolitiFact | Wisconsin budget crisis inspires national ads

Have you even read the article that you linked to?

We’re ruling on the statement, "Money is being taken away from workers, and the tax breaks given to major corporations. " Money is indeed being taken away from workers who will see lower overall compensation, and particularly smaller paychecks. Also, companies that employ significant numbers of workers are getting tax breaks. But the tax breaks signed into law so far are linked to job creation, not simply whether the company is a major corporation or not. Tax breaks are being given to business in the midst of a budget crisis, though. So we rate this statement Mostly True. Besides that....try this on for size....businesses factor tax cost into their price structure. Profit from a Subchapter S corporation or a Partnership passes through to the shareholders/partners who then pay taxes on it. The business entity generally isn't responsible for any taxes. Partners in a Partnership pay not only ordinary income tax on the proceeds from the business but also have to pay Self Employment tax. Shareholders in a Subchapter S Corporation are required to take a reasonable salary and they are taxed on that as well as having to pay income tax on any pass-through profits. A Corporation (C Corp) IS responsible for paying taxes on its profits but that factor is built into the pricing so the more tax they are forced to pay the higher their prices need to go.

As far as government workers getting their pay cut....the money that they contribute to their retirement isn't really a cut. It's still their money and they will get a future value for that money which will be a multiple of what they have contributed. As far as paying for their own health care....tough shit...welcome to the real world.

[brraverishhh]

Have you even read the article that you linked to?



Besides that....try this on for size....businesses factor tax cost into their price structure. Profit from a Subchapter S corporation or a Partnership passes through to the shareholders/partners who then pay taxes on it. The business entity generally isn't responsible for any taxes. Partners in a Partnership pay not only ordinary income tax on the proceeds from the business but also have to pay Self Employment tax. Shareholders in a Subchapter S Corporation are required to take a reasonable salary and they are taxed on that as well as having to pay income tax on any pass-through profits. A Corporation (C Corp) IS responsible for paying taxes on its profits but that factor is built into the pricing so the more tax they are forced to pay the higher their prices need to go.

As far as government workers getting their pay cut....the money that they contribute to their retirement isn't really a cut. It's still their money and they will get a future value for that money which will be a multiple of what they have contributed. As far as paying for their own health care....tough shit...welcome to the real world.

If as a part of your employment contract, your employer was paying into your retirement plan and paying your health care, and then you had to pay some of your health care and you had to pay into your retirement, because your employer paid less, your paycheck is smaller, because your pay got cut.

The employer contribution is a part of your pay package.

If it gets cut, that's a pay cut.

[nvideoe]

If as a part of your employment contract, your employer was paying into your retirement plan and paying your health care, and then you had to pay some of your health care and you had to pay into your retirement, because your employer paid less, your paycheck is smaller, because your pay got cut.

The employer contribution is a part of your pay package.

If it gets cut, that's a pay cut.

Most public service pension plans are "Defined Benefit" plans. The idea is that the beneficiary will receive a specific payout at retirement based on some factor, usually salary. At the time the beneficiary begins receiving payments the payments are 100% taxable if they haven't contributed to the plan. If they DO contribute to the plan then only a portion of those benefit payments are taxable upon receipt as the portion that the employee contributed was paid in with after tax dollars. The effect is that the person contributing to their own defined benefit plan DOES get their money back so it's not a pay cut but, rather, a deferral.

[AromeWahmaron]

If as a part of your employment contract, your employer was paying into your retirement plan and paying your health care, and then you had to pay some of your health care and you had to pay into your retirement, because your employer paid less, your paycheck is smaller, because your pay got cut.

The employer contribution is a part of your pay package.

If it gets cut, that's a pay cut.

Welcome to the new economy. Workers in the private sector have been hit with these sorts of cuts for some time. Public sector budgets are shrinking, so there are two choices:

1. Across the board cuts for public sector workers, or
2. No cuts, but some percentage of public sector workers are laid off.

It's just reality - there's less money for staffing, and that's not going to change any time soon.

Matt

[AromeWahmaron]

Let's see if we've got this straight.

When President Obama advocates tax credits for businesses that create jobs, that's a good thing.
When the Wisconsin legislature implements tac credits for businesses that create jobs, that's a bad thing.

Makes perfect sense, I guess, to someone.....

[varrozans]

Let's see if we've got this straight.

When President Obama advocates tax credits for businesses that create jobs, that's a good thing.
When the Wisconsin legislature implements tac credits for businesses that create jobs, that's a bad thing.

Makes perfect sense, I guess, to someone.....

No. When a governor gives generous tax cuts to businesses and the wealthy and then tells the public worker that it is coming out of their check and at the cost of their rights, that's the problem.

[AromeWahmaron]

No. When a governor gives generous tax cuts to businesses and the wealthy and then tells the public worker that it is coming out of their check and at the cost of their rights, that's the problem.

Did you read the PolitiFact item?

Next, we’ll check whether tax breaks are being "given to major corporations."

We found Walker has already signed bills that cut taxes for corporations and other businesses, depending on the number of jobs they create.

Walker signed a law on Jan. 31 that said 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.

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.

http://politifact.com/truth-o-meter/...e-major-corpo/

[q9h9pPne]

Having to do with Walker's persecution of unions in WI, but having much to do with Ohio, Indiana and every one of us in the long run that had and have advantages brought forth by individuals who fought and suffered to bring us unions.

PolitiFact | Wisconsin budget crisis inspires national ads

Do you know how stupid this looks,

Giving tax breaks to corporations, yeah to companies that want to move to WI to create jobs. And this is something your against. Your against states competing for companies to move to their state.

I swear you liberals just can't see straight. You blow it up. He gave corporations tax's break while the poor teachers get a pay cut. What BS. You criticize the Governor for trying to get companies to move and create jobs for WI.

[nvideoe]

Do you know how stupid this looks,

Giving tax breaks to corporations, yeah to companies that want to move to WI to create jobs. And this is something your against. Your against states competing for companies to move to their state.

I swear you liberals just can't see straight. You blow it up. He gave corporations tax's break while the poor teachers get a pay cut. What BS. You criticize the Governor for trying to get companies to move and create jobs for WI.

That's what happens when one is wholly indoctrinated by a pervasive culture of victimhood.

[q9h9pPne]

That's what happens when one is wholly indoctrinated by a pervasive culture of victimhood.

You got that right.

[Adimos]

No. When a governor gives generous tax cuts to businesses and the wealthy and then tells the public worker that it is coming out of their check and at the cost of their rights, that's the problem.

Where do you think the money to pay the public worker comes from?

[compiit]

Let's see if we've got this straight.

When President Obama advocates tax credits for businesses that create jobs, that's a good thing.
When the Wisconsin legislature implements tac credits for businesses that create jobs, that's a bad thing.

Makes perfect sense, I guess, to someone.....

Some people either can't see the forest for the trees, or simply don't wish to. The tax cuts instigated by Walker is the primary cause of the state's deficits. He is simply union busting to pay back these big business for buying him the election.

Since these unions have already stated numerous times that they agreed to give all the money the GOP was demanding, they chose to say "NO". (infamous GOP stance these day). They are using the manufactured deficit to union bust.

[compiit]

Do you know how stupid this looks,

Giving tax breaks to corporations, yeah to companies that want to move to WI to create jobs. And this is something your against. Your against states competing for companies to move to their state.

I swear you liberals just can't see straight. You blow it up. He gave corporations tax's break while the poor teachers get a pay cut. What BS. You criticize the Governor for trying to get companies to move and create jobs for WI.

It's apparent that some of you take only what you want from anything you read, or cannot understand the entire complex scenario. Another of his campaign promises are :

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. Also, when I was in business, and dealing with one of the cities, another competitor promised to create up to 100 new jobs if the city would develop the land and give them 10 years of tax breaks. Guess what, 7 years later and only a very few jobs have been created. However, they still got their tax breaks.

It is campaign and corporate promises only, easy to make, difficult to track and hardly ever followed up on. What is true, is that Walker and the GOP gave the Koch brothers and other business tax breaks, for some vague future promise. Walker and the GOP are using this created deficit to union bust.

[Abnorttrano]

I wonder......Do Liberals have any idea where their paychecks come from?

[nvideoe]

Also, when I was in business, and dealing with one of the cities, another competitor promised to create up to 100 new jobs if the city would develop the land and give them 10 years of tax breaks. Guess what, 7 years later and only a very few jobs have been created. However, they still got their tax breaks.

It is campaign and corporate promises only, easy to make, difficult to track and hardly ever followed up on. What is true, is that Walker and the GOP gave the Koch brothers and other business tax breaks, for some vague future promise. Walker and the GOP are using this created deficit to union bust.

If it's been 7 years and this business hasn't made good on their promise then the government should go after him to recoup the the taxes. The problem isn't with the tax break, it's with lack of enforcement.

[gusecrync]

Having to do with Walker's persecution of unions in WI, but having much to do with Ohio, Indiana and every one of us in the long run that had and have advantages brought forth by individuals who fought and suffered to bring us unions.

PolitiFact | Wisconsin budget crisis inspires national ads

How many workers does the UNION employ?

Just to let you know CORPORATIONS in this country can also be spelled J.O.B.S.

[compiit]

I wonder......Do Liberals have any idea where their paychecks come from?

I do see that you have no idea as to how to stay on topic.

[compiit]

How many workers does the UNION employ?

Just to let you know CORPORATIONS in this country can also be spelled J.O.B.S.

I do see that you have no idea as to how to stay on topic.