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Wednesday, June 28, 2006

Very Interesting

Republicans and big business in cahoot? Couldn't be.

Or could it?

http://www.wisopinion.com/blogs/2006/06/business-climate-plot-thickensas-wmc.html

From the blog:

We must think out of the box and take bold steps. Wisconsin should strongly consider:Eliminating the corporate income tax -- That's right, not reducing it, not providing more credits, getting rid of it altogether. Not only would this send a message that Wisconsin is serious about attracting employers, but it would help Wisconsin exporters deal with WTO regulations that favor nations with no or lower corporate income taxes.

Cutting individual income taxes,especially the top rate -- Reducing taxes make jobs in Wisconsin more attractive to the "creative" or 'innovative' class. Bike trails and fun entertainment are nice, but companies need to be able to provide competitive salaries and high income taxes make that difficult.

Eliminating the personal property tax -- The personal property tax directly discourages capital investment by businesses. Wisconsin could significantly improve its business climate by eliminating the last remaining business equipment property taxes, the only personal property tax allowed.

And the CEO of the company lives happily ever after.

And we pay for this how??????

Here's an interesting bit of analysis by Paul Soglin on the real concerns of businesses in Wisconsin, versus the complaints they use during election years.

http://www.waxingamerica.com/2006/06/the_2006_wiscon.html


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